The IMF has revised down its prediction for euro-zone growth to just 1.3 per cent for 2019, and Germany’s to 0.8 per cent – a figure Germany’s own government considers optimistic. Photo: Bloomberg
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

China’s economic rebound is helping Europe, but not as much as Italy, France, Germany and Brexit are hurting it

  • China’s first-quarter GDP figures have helped fuel market rallies and some investors see opportunity in unloved European stocks, but home-grown problems will severely limit their upside, and that of the euro-zone economy in general.

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The IMF has revised down its prediction for euro-zone growth to just 1.3 per cent for 2019, and Germany’s to 0.8 per cent – a figure Germany’s own government considers optimistic. Photo: Bloomberg
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