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Coface Says US on Positive Watch; Brazil and Thailand on Negative Watch
Overall, advanced economies are doing better after two years of recession, according to a new country risk outlook by global credit insurer Coface. The eurozone will record modest but positive growth in 2014 (+1%). Within the Economic and Monetary Union, Germany is expected to show a remarkable recovery of 1.8%. France will experience slow growth (0.6%) and the end of the recession is in sight for Spain and Italy. But despite these improvements, the confidence of business leaders has yet to return in Europe.
Read Full Article: http://www.ajot.com/news/coface-says-us-on-positive-watch-brazil-and-thailand-on-negative-watch
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