ROME, Oct. 7 (Xinhua) European markets broadly recovered from recent declines this week as the euro changed tack and gained ground against the U.S. dollar. Analysts say that diminishing concerns over the challenges currently facing European markets, such as inflation and energy worries, have been priced into valuations.
As Merkel steps down, there s no clear replacement as Europe s informal leader news.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.cn Daily Mail and Mail on Sunday newspapers.
"Merkel sort of created the role after a few years as chancellor, and nobody could have predicted that would happen at the start. It may be that were back in that situation at this moment."
News Analysis: As Merkel steps down, there s no clear replacement as Europe s informal leader news.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.cn Daily Mail and Mail on Sunday newspapers.