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|European Economy now moving, but not without a push says Coface|
|Tuesday, 16 June 2015|
A small-scale improvement within European economies could be hampered by a lack of investment, warned Coface’s Chief Economist at the credit insurer’s Country Risk Conference in London. The event at the British Library on Thursday 4 June examines the trading conditions, risks and opportunities for UK businesses.
In his presentation about the pace of recovery in the Eurozone, Julien Marcilly said that despite some positive signals, the conditions for strong long-term growth were missing. Low inflation and the exchange rate for the euro had boosted household spending and exports respectively, but levels of private investment had not revived significantly, except in Spain.
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