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Outlook: Europe Remains Under Threat

Published: December 28, 2012; 22:02 · (Vindobona)

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…

This article includes a total of 689 words.

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