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Duncan Freeman: That sinking feeling
HOME > PAST ISSUE > PERSPECTIVE [Premium content]April 2008
What it means for China if Europe catches America’s economic cold
Despite weakening growth rates in recent months, the EU economy has not yet caught the violent cold that has afflicted the US. In the final quarter of last year, growth in Europe was significantly better than in America, which suffered a sharp slowdown.
There has been no Europe-wide equivalent of the US real estate bubble and subprime disaster. But European financial institutions and markets have still been hit by contagion and the prospects do not look good for certain economies in ...
There has been no Europe-wide equivalent of the US real estate bubble and subprime disaster. But European financial institutions and markets have still been hit by contagion and the prospects do not look good for certain economies in ...
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