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Press release content from Business Wire. The AP news staff was not involved in its creation.
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Press release content from Business Wire. The AP news staff was not involved in its creation.

KBRA Europe Releases Research – Euroscepticism Losing Ground Amid EU Bloc’s Cohesive COVID Response

October 13, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Oct 13, 2021--

Kroll Bond Rating Agency Europe Limited (KBRA) releases research on how support for Eurosceptic political parties has receded through the pandemic as monetary and fiscal easing expanded to combat a common challenge.

In this report, KBRA discusses the changes in the political landscape across the euro area, where support for Eurosceptic parties has ebbed as the economic environment changed. The pandemic triggered a momentous response from the EU and European Central Bank. Their coordinated approach towards economic recovery, mainly through monetary and fiscal easing, helped to dispel the bloc’s painful memories of austerity. The report examines how this new political landscape has helped to reinforce the greater cohesiveness of the bloc, a dynamic that builds on KBRA’s increasingly constructive view of euro area credit risk.

Click here to view the report.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211013006023/en/

CONTACT: Ken Egan, Associate Director

+353 1 588 1275

ken.egan@kbra.comJoan Feldbaum-Vidra, Managing Director

+1 (646) 731-2362

joan.feldbaumvidra@kbra.comWith contributions from KBRA Sovereigns intern, Ishaan Mahadevan.Business DevelopmentMauricio Noé, Co-Head of Europe

+44 208 148 1010

mauricio.noe@kbra.com

KEYWORD: IRELAND EUROPE

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Kroll Bond Rating Agency Europe Limited

Copyright Business Wire 2021.

PUB: 10/13/2021 01:50 PM/DISC: 10/13/2021 01:51 PM

http://www.businesswire.com/news/home/20211013006023/en