Where European stocks stand two decades after the euro’s launch

We talk to fund managers about the prospects for the single currency and Eurozone shares
Thursday 10 Jan 2019 Author: Holly Black
This month marks two decades since the introduction of the euro, when 12 European nations cast aside their own currencies to unite under a single coin. As the euro launched in 1999, investors saw spreads between core nations such as Germany and France tighten with those of peripheral members such as Greece and Portugal. Ian Ormiston, manager of the Merian Europe ex UK Smaller Companies (BRTNQ88) fund, explains: ‘The...

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