News&Previews: Piazza Affari down on more banks’ pain as S&P’s cuts EU growth estimates
In its latest report, S&P predicts the UK will “barely escape a full-fledged recession” as a result of Brexit and will suffer some hefty blows to economic growth. Furthermore the rating agency estimates that the Brexit effect will cost the euro zone 0.8% of GDP over 2017 and 2018...