Five Grey Swans That Could Disrupt Markets in 2022

Aspirations for an ever-closer union have for a long time seemed just that — aspirational. Instead of convergence we’ve had divergence, with the disparities between the ‘core’ and ‘periphery’ laid bare during and since the credit crisis of a decade ago. But could the green-tilted Recovery Fund for the worst-hit euro area countries be the catalyst that ultimately transforms the narrative in Europe?