Insolvency, Golden Slap, and the Budget That Blinked

In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores Europe’s latest insolvency reform, Italy’s “golden power” dispute, and expectations for the UK’s upcoming budget. Together, they illustrate how regulation, politics, and fiscal credibility continue to shape Europe’s evolving credit landscape—offering both progress and persistent friction.