ZEW says……

  • Experts expect economy to recover slowly from crisis in next 6 months
  • Prospects for retail, consumer goods, car sector remain poor
  • Have passed through worst of recession, but worries about deficits and euro have not eased
  • Possible that economic activity will move sideways, only minor ups and downs
  • Falls in euro zone sentiment index might reflect concerns about Greece, other states (by jove, I think they might be onto something)

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