Brexit sent waves of financial volatility through European markets, reshaping how risk traveled between countries and exposing how tightly connected the continent's financial systems had become, according to new research from the University of Surrey published in the International Journal of Finance & Economics.
Rising bankruptcies, growing burdens, and no short-term relief: Analyses by the Leibniz Institute for Economic Research Halle and Creditreform reveal a tense situation. The German economy is coming under increasing pressure and is acting as a potential driver of a Europe-wide trend.