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Euroland: Bricks for a Virtuous Circle
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[摘要] a few weeks ago, euro-pessimism was triumphant, fuelled by long overdue downward revisions to gdp growth in imf projections, poor industrial production results across the union, a drop in the zew survey, and, to add insult to injury, doubts expressed by officials about consumers’ appetite and, according to news agencies, repeated calls for monetary easing by finance ministers. that was then. last week, the bank of belgium tally sparked the rally, casting doubts on the wisdom of zew respondents.
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