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ETA designs and manufactures mechanical and automatic watches, watch movements and watch ébauches.ETA is headquartered in Grenchen, Switzerland and is a wholly owned subsidiary of The Swatch Group Ltd. With the exception of hairsprings manufactured by sister company Nivarox, ETA maintains vertical control over the manufacturing of all of the components required to create a watch movement and therefore is considered a true manufacture d'horlogerie.Analysing possible outcomes in the Dutch, French and German elections as well as Britain's triggering of Article 50 to kick-start Brexit and Greece's debt negotiations, Credit Suisse strategists offered three scenarios for Europe's immediate future.The 'negative' option has Greece struggle for more debt funding and anti-immigration nationalist Le Pen president.'Credit Suisse strategists take the view that the French presidential election...
Commonly referred to as ETA, the company is headquartered in Grenchen, Switzerland and is a wholly owned subsidiary of The Swatch Group Ltd.Far-right French presidential election candidate Marine Le Pen poses the biggest threat to European stability, Credit Suisse has said.Switzerland's second largest bank warned of the implications of a win for the National Front, in a guide published to help investors navigate the upcoming 'defining' months facing the continent.poses the most important risk for Europe this year,' the bank said in a statement, referring to the April 23 vote, with a second round set for May 7 if needed.'Any narrowing of the polls in Le Pen's favour will create a high degree of volatility in the markets,' it added.Scenario one, billed as 'positive' by Switzerland's number two bank, sees pro-European, centrist candidates winning in France and Germany when the key continental powers vote in April and September, respectively.
Buyers from every other region shrunk their spending, the data shows.