Italian economist, statesman and former prime minister shaping European finance
The euro has fallen to near 17-month lows after investors have pushed up French borrowing costs and bond spreads. France has faced rising yields, mass protests and a political stalemate over deficit cuts ahead of the presidential election. Markets are pricing greater contagion risk across the eurozone and the ECB is under pressure to act.
Germany is accelerating its adoption of artificial intelligence in manufacturing and industry, with Nvidia investments and German startup backing spanning robotics, healthcare, satellites and manufacturing software. Leaders say AI will augment, not replace, existing capability, and data/ manufacturing know-how are Germany’s natural resources to leverage.