Slowdown in the Euro Area May Already Be Past the Worst

Slowdown in the Euro Area May Already Be Past the Worst

(Bloomberg) -- Bloomberg Economics is increasingly confident that a bottom has been reached for the euro area -- the slowdown looks likely to be far milder than in 2011. The latest Sentix six-month ahead economy expectations survey is encouraging and other surveys show nascent signs of stabilization, too. The European Central Bank probably won’t panic about the outlook at its meeting this week.

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