Worries around the Euro economies just won`t subside
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04 December 2011
Posted in
sentix Economic News
The Euro debt-crisis is leaving deeper and deeper tracks in the real economy. In December, the sentix economic index dropped for the fifth time in a row and is now down to -24 points. Pressure arises from a worsening situation while economic expectations remain unimpressed by the latest support operations by the central banks. It is better in the USA and Germany, but these two have not yet freed themselves of the downturn scenario.
Headlines of the month
- The sentiment in Euroland remains subdued. The Euroland total index lost a further 2.8 points and is now at -24 index points.
- Especially economic situation continues to be in serious trouble (-5.5 points!), while on the other side expectations are not able to improve, despite support from the side of central banks.
- The outlook is better for the USA and Germany. It is the economic situation that ensures the index plus for both countries. However, neither has yet freed itself from the downturn scenario.
- The ambitious markets have lost their driving force. Asia consolidates and Eastern Europe is the new problem child on the economic horizon.
sentix Eco Report Eastern Europe
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