EU Growth Should Stay Around 3% But Sovereign Risks and Bank Stress Tests Could Undermine Confidence
There is a risk that the EU summit of June 23-24 and the second round of European bank stress tests could undermine market confidence in the third quarter of this year, according to Oxford Analytica. Excerpts from PROSPECTS 2011 Q3: Europe The EU and euro-area’s economic performance will continue to be powered by Germany, where [...]
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