Where's the growth? Euro zone still lacks investor appeal
From uk.reuters.com
Encouraged by the euro zone's resilience last year in the face of severe doubts about its survival, some outside investors have snapped up assets in the strongest corners of the region. Yet even the most enthusiastic euro proponent would concede there's plenty more to do to strengthen the currency bloc. Fundamentally, there's a need for economic growth to start to revive for many investors to risk a more decisive push into bonds, equities or more tangible assets in a swathe of crisis-hit countries. "After last year, one should consider that the likely outcome for Europe in the next decade is 1 percent annual ...
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