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Blog Europe’s Labor Measures: Short-Term Gain, Long-Term Pain? Europe’s Labor Measures: Short-Term Gain, Long-Term Pain? European measures applied to mitigate the effects of the pandemic have contained the unemployment rate in Europe more than in the U.S. While recognizing economic risks from the rising number of COVID-19 cases in the U.S., our forecast sees this success ratio reversing before the end of the year.
Blog Europe: Moment of Truth Europe: Moment of Truth A committed and decisive fiscal/monetary partnership to tackle the economic crisis is urgently needed, but Europe continues to lag behind. European policymakers face a moment of truth.
Blog Anti-Crisis Euro Package: Not Good Enough Anti-Crisis Euro Package: Not Good Enough With euro area output expected to drop by almost 10% this year, and unemployment and fiscal deficits to rise, an ample, blunt and well-coordinated response from European ministers was warranted. However, the new measures announced by finance ministers last week disappointed – again.
Blog In Europe the Crisis Policy Response Is Substantial, But More Is Likely Needed In Europe the Crisis Policy Response Is Substantial, But More Is Likely Needed The conditions for a relatively quick and robust rebound rest on the success in containing the virus within a reasonable horizon, and a well-calibrated economic policy response.
Blog Fed Moves First to Counter COVID-19 Market Fears Fed Moves First to Counter COVID-19 Market Fears The Federal Reserve wants to avoid a crisis of confidence.
Nicola Mai Portfolio Manager, Sovereign Credit Analyst Share Share Share via LinkedIn Share via Facebook Share via Twitter Share via Email Add Add Download Download Print Print Mr. Mai is an executive vice president in the London office and a sovereign credit analyst in the portfolio management group. He leads sovereign credit research in Europe, and is a member of the European portfolio committee. He is responsible for formulating key macro views for the region and for identifying and analyzing global macro and investment trends. Prior to joining PIMCO in 2012, Mr. Mai was senior euro area economist at J.P. Morgan for seven years. He started his career as an economist in the U.K. government, in a program run by HM Treasury. He has 19 years of investment and financial services experience and holds a graduate degree in economics from Universitat Pompeu Fabra in Barcelona and an undergraduate degree in economics from the London School of Economics.
