Europe is mobilizing, responding to crisis situations. And that’s why I’m encouraged because I believe Europe today is in a state of crisis
In a period full of economic uncertainty, Themis Themistocles, head of the UBS Global Wealth Management investment office, analyzes the impact of global geopolitical and economic developments after imposing duties by the US and impact on Europe and Cyprus.
Mr Themistocles does not exclude a escalation of tensions, especially if the countries that are affected are answered by imposing duties on their part. In any case, whatever happens after six months, it will certainly cause damage to the economy. It provides for 1% negative impact on US GDP and Europe, perhaps a little less and cumulative impact, for two years, is estimated …
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