Report
Patrick Artus

Euro-zone economy: Increasingly a service economy dependent on consumption

The euro zone will be faced with: A new wave of deindustrialisation, due to the contraction in "old industries": automotive, intermediate goods, industrial capital goods; The weakening of global trade; Population ageing. All this will drive the euro zone towards: A service economy; That is less dependent on exports, construction and investment and more on consumption .
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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