Stumbling yet again?
A revival is under way in Europe, but nobody seems to have noticed
IT LOOKS like chaos. Across much of Europe, cars and businesses have been brought to a halt as lorry-owners, farmers and taxi drivers blockade oil refineries, ports and city centres in protest against high fuel prices. Meanwhile, Europe's single currency, the euro, has been touching new lows against the dollar. International investors may well suppose that while America's economy goes from strength to strength, the European patient remains feeble, with no recovery in sight. It is time, perhaps, to seek a second opinion.
This article appeared in the Briefing section of the print edition under the headline “Stumbling yet again?”
Briefing September 16th 2000
From the September 16th 2000 edition
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