News | Forbes - All Hail The Eurozone's Disaster-Prone Economy (Really)
Provocative notes from Ian Shepherdson, the Chief Economist at Pantheon Macroeconomics
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It’s very easy – but lazy – to be dismissive of Europe’s economy. The euro area remains scarred by the global recession in 2008 and subsequent sovereign debt crises. Unemployment rates are depressingly high, public and private debt levels have soared, and political risks are simmering underneath the surface. But much to the chagrin of structural Eurozone bears, many of whom still can’t quite believe the euro is still with us, the cyclical upturn has so far defied these bogeymen............read more here
Posted: 30th Sep 2015
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