Pessimism About Europe Grows

October 2011
NACD Directorship;Oct/Nov2011, Vol. 37 Issue 5, p22
The article discusses investor perceptions of the European debt crisis as of October 2011, according to the Barclays Capital Global Macro Survey. It states one of four believe it will destroy the euro zone, and that over 60% feel the European Financial Stability Facility (EFSF) will not be able to solve the problem. It reports that 60% feel the crisis is the biggest threat to global economic stabilization, while another 60% feel that fiscal unity will eventually happen.


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