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File: May 2012 Eco Report (Engl.)

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Euroland in recession mode

Last month's slumps are aggravated: the sentix total index for Euroland falls strongly by 9.80 points to -24.5 points. Especially the economic situation makes no secret of the fact that investors are acting on the assumption that Euroland is heading for a pronounced recession. The German economy is trying to lift itself out of this development, but the economic expectations cannot get away from the minus signs, either. The US economy has also begun to weaken.

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