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Outlook: Europe Remains Under Threat
The European debt crisis will remain a major issue, Austrian Erste Group says.
Outlook: Europe Remains Under Threat / Picture: © Erste Group Bank AG
“Necessary governmental austerity measures all over the world will prevent the economy from returning to a boom phase in 2013”, foresees Fritz Mostböck, head of Research at Erste Group.
European Central Bank measures improved sentiment on financial markets, which - looking at the underlying fundamental development (low growth) - should be a question of time until financial…
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