Hello Daniel, if you are based outside the eurozone - say in the US - then your biggest risk is the decline of the euro.

I have that risk living in Switzerland where the Swiss franc constantly gains against the euro. My calculation is that the share price gain will be greater than the currency loss and that has certainly been the case for me with Schneider. 

Best wishes for Christmas and the New Year. James 

Another point worth considering is the counter side to the French political involvements in the past - often not good for shareholders - in French companies. 

Today that remains protectionist and a non French company is unlikely to get any major contracts in France if a French company can do the work. Thus Schneider - with few peers anyway - is assured of work on those projects I mention in the article. 

Good article.  The ECB is way behind all curves.  I wrote my views about things in this recent article:

https://talkmarkets.com/content/global-markets/where-to-invest-in-the-eueurozone-mess?post=417280

Alexandria Real Estate Equities raises dividend by 2.4% to $1.27

Latest news from Markit shows the mess getting worse;

Eurozone continues to report sharpest decline

Drilling down geographically, only 11 economies monitored by the S&P Global PMI surveys reported higher manufacturing output in November while 20 reported lower production.

By broad region, the eurozone once again reported by far the sharpest downturn while Asia returned to growth after briefly slipping into contraction in October. North American production continued to grow marginally.

In more detail, the seven fastest-contracting manufacturing economies were all found in Europe, with France replacing Germany as the worst performer.

I mentioned the demolishing of wind turbines in Germany to make way for new coal mining. 

Latest stats show what that will help cause;

An EU report has estimated that approximately 400,000 European deaths in 2021 were related to exposure to three major air pollutants.

Pollution from fine particulate matter, also known as PM2.5, resulted in 253,000 deaths, while exposure to nitrogen dioxide, or NO2, accounted for 52,000 and short-term ozone, or O3, led to 22,000 mortalities, Reuters reported, citing a newly released report from the European Environment Agency.

Reuters noted that NO2 exposure can be particularly harmful to people with diabetes, while PM2.5 can be dangerous for people with heart conditions.

Including the EU and other European countries outside the EU, the pollutants contributed to the deaths 389,000 people. The highest number of deaths related to fine particulate matter occurred in Poland, Italy and Germany, with the lowest number in Iceland, Scandinavia and Estonia.

https://youtu.be/YkgkThdzX-8?si=fCssfKy1eWBgb6Pt

Just Imagine...

https://www.youtube.com/watch?v=YkgkThdzX-8

Hello Danny, I doubt that wil happen because many eurozone countries simply want to stay out plus they are stretched from helping Ukraine. 

That war might stop Iran from getting involved because it is stretched through helping supply Russia. 

Pity all do not stay away totally and let Israel and Palestine learn how to live alongside each other in their own way without weapons or other military help given to either side by others.  

Thank you for reading and commenting