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Matthew Lynn’s London Eye: Four ways to play the European boom

There are inevitably plenty of caveats. The European Central Bank may withdraw its stimulus too early. The Italian banking system remains fragile, the Greeks need another bailout, and there is always another election looming somewhere or other where a bunch of euroskeptic populists may suddenly come to power. Even so, there is no question the European economy is looking in better shape than it has done for at least a decade.

Following Emmanuel Macron’s victory in France, and the almost inevitable re-election of Angela Merkel in Germany in the autumn, the European Union looks far more stable than it did at the start of the year.

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