Patrick Artus explains how next Euro crisis can be prevented in Institutional Investor

PatrickArtusIn this month’s blog, Artus looks ahead to the possible economic scenario where oil prices have risen, the euro has appreciated and interest rates have risen. Currently, Europe is enjoying various boosts to its economy, but once these quick-fixes have disappeared, there is a possibility that Europe will once more be plunged back in to a crisis. To prevent this, the region needs to take this opportunity and invest in its economic foundations – indeed, we need to see a significant increase in corporate investment and a solution to its supply side problems; such as excessive job protection, heavy tax burden and low labour-force skills.

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