- Sees a more difficult economic situation ahead
- Euro region not out of the woods yet
- Europe can’t match other region’s growth outlook
- Too many EU colleagues think that lack of investment should be corrected with public investments
The last comment is a very valid point as public investment isn’t a lasting solution and government nearly always get taken to the cleaners price wise.
The European slump is going to be particularly tough to get out of as there is no boost from other economies picking up.
