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Stephen Pope is the founder and Managing
Partner of spotlightideas.

He has worked in the international capital...

In addition to the articles and research notes
that appear on this site spotlightideas is
available for commission work where unique,
sole ownership analysis will be prepared...

There is no formulaic approach to
evaluating an opportunity or situation. The
concept behind macro ideas is “What if?”
Global/Regional/national situations...

Market Reports features Stephen Pope and Spotlight Ideas

Thursday October 16th 2014



The French government’s budget for next year, which foresees a deficit of 4.3% of gross domestic product, is seen as a key test of the EU’s resolve in the coming days. But the European Commission might not do too much against France, analysts say.

The commission will declare that France is in breach of its commitments and a request for revisions will be sent to Paris, said Stephen Pope, managing partner at Spotlight Ideas, a U.K.-based research house, adding that this request won’t be met and rather than symbolically fine France a fee equal to 0.2% of its gross domestic product the discrepancy will be papered over.

“After all the EC (commission) and EU, as well as the euro zone, have compromise, fudge and fiddle written in their DNA,” Mr. Pope said.

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