The Conference Board Economics Watch® - European View
  • Publication Date:
    April 2012

Balance of Risks in Euro Area Has Deteriorated

  • Business and financial market confidence in the Euro Area have waned as concerns grow that banks are overleveraged with bad debt
  • The Conference Board Leading Economic Index® (LEI) for the Euro Area strengthened in February, which suggests the Euro Area may avoid a deepening of the recession
  • Spain is in a deeper hole than expected, which has caused yields to rise
  • “Overausterization” in Germany, the Netherlands, and the United Kingdom hampers short-term growth prospects both domestically and regionally
  • France has so far avoided a downturn in GDP, but shows significant stress points in financial and nonfinancial economy

Economics Watch Reports (10 pgs)
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