Report
Investors are right to worry about the euro zone’s long-term prospects
Financial m arket developments and capital flows show that investors are concerned about the situation in the euro zone. They are right, in a long-term perspective, given: W eak corporate modernisation; L ow labour force skills; As a result, weak productivity gains and low potential growth; The high weight of bygone industries; The fact that Germany’s and the Netherlands’ excess savings are invested in the rest of the world outside the euro zone; The strong link with global trade, which will slow under the effect of the regionalisation of trade.
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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.
Patrick Artus
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