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Macroeconomics and Economic Growth

Prospects Weekly: Headwinds from Euro Area likely to persist through the second quarter of 2012

Global Macroeconomics Team's picture

Latest business surveys for the Euro Area suggest that the nascent recovery in activity in the region may be shortlived. Recent data suggests that Euro-Area deleveraging has had a negative impact on trade finance, but that trade finance availability should firm during 2012.

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