Advertise On EU-Digest

Annual Advertising Rates

3/26/08 The Short View: Old Europe - John Authers

For the complete report from the click on - The Short View: Old Europe - John Authers

Old Europe is fighting back. Last week’s hopes that the dollar had at last hit rock bottom foundered on Wednesday on the sheer weight of optimism coming from Europe. The Ifo survey of German business conditions found growing optimism about the outlook, with current conditions far more favourable than they had been for most of this decade. French business confidence also improved. The contrast with surveys of US sentiment, which suggest executives are about to head for the hills, is stark.

No comments: