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1/1/08

Bloomberg.com: Citigroup Sees Double-Digit Growth for European Stocks in 2008 - by Adam Haigh

For the complete report by Bloomberg.com click on this link

Citigroup Sees Double-Digit Growth for European Stocks in 2008 - by Adam Haigh

European equities may post ``double- digit'' returns next year, with the U.K.'s FTSE 100 Index reaching 7,000 by the end of 2008, Citigroup Inc., the biggest U.S. bank, said.``European equities should be supported by lower rates, macro resilience, earnings growth, reasonable valuations and liquidity,'' Citigroup said in a note to investors dated today.

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