Question

Europe’s four big challenges in 2019 by andriano bosoni

Answer 1

The four challenges of Europe this year are 1)Trouble in the EU's top four,2)Populism will stay3)Economic risk will stay4)There will be ambiguous ties with China and Russia.These four will influence Europe's political ,economic and social agenda in 2019.

Eurozone's four largest economies Germany, Italy , France , and Spain will have political trouble.In Germany Angela Merkel's coalition government will make preparations to make a government without her as she will not go for re election in 2021.In France the government wants to have domestic and European reforms but has to face many opposition.In Italy there is heavy debt burden,the banks are fragile and growth is less.In Spain there are a host of domestic problems like minority government and it is difficult to get things done.

In 2019, populists and nationalists will exert their influence because of the presence of the factors which led to their growth like rise in inequality,demographic changes. less economic growth.problems of immigration and fear about loss of national sovereignty.

Risk of trade issues with US will be there. Brexit is another economic risk in Europe.The third risk is old one which says that southern Europe is economically fragile and this will show in many different ways.Again there will be higher deficits in the budget plans of Italy, Spain and France this year.

In addition to the disputes with trade with US,European union will have to deal with powers like China and Russia in the international world like Brussel's plan to invest in Central and Eastern Europe.Again the bloc is concerned about Chinese investment in sensitive technology.