Economic Recovery in Europe


Economic Recovery in Europe: Are Markets Overreacting?

MADRID |By Francisco López | Markets are hectic over the nascent economic recovery in Europe. Despite the ECB’s caution, the profitability of the so-called ‘core’ debt has continued climbing positions. In the first semester, U.S. pension funds and other big groups have invested more than 65 bn dollars in shares of European companies. Does this euphoria make sense?