Conference Board Economics Watch® European View

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Conference Board Economics Watch® European View

International

Author: Bert Colijn

$199.00

  • The Euro Area is likely to continue on a slow growth path in 2014, even
    though the economic outlook continues to improve.
  • The Conference Board Leading Economic Index® (LEI) for the Euro Area
    rose for the sixth month in a row in October.
  • Several important economic factors have not yet improved, indicating
    that the economic environment remains recessionary.
  • Investment remains weak in the Euro Area due to continued uncertainty
    in the banking sector, which is curbing recovery prospects.
  • Export growth is a potential upside to the economy, but weak emerging
    markets are currently a drag on the outlook for global trade.
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Europe sets on a path of moderate growth for 2014. Financial stabilization will positively contribute to this outlook, although some obstacles still remain.

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