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Home>PIMCO Cyclical Outlook for Europe: Policy Developments Will Shape Growth Prospects and Risks in 2013

PIMCO Cyclical Outlook for Europe: Policy Developments Will Shape Growth Prospects and Risks in 2013

Perspectives Content Submission

Fri, 28 Dec 2012

Policy developments – in particular, the European Central Bank’s acceptance of its role as a lender of last resort – have helped to normalize European financial markets but been insufficient to promote decent growth. Eurozone leaders recently laid out a long-term roadmap to achieve stability, but t

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