A study from Europe’s leading financial service providers shows the country will get through the economic crisis in 2009.
Allianz SE and the Lisbon Council launched the autumn update of The European Growth and Jobs Monitor, which is their biannual performance ranking based on criteria from the Lisbon Agenda. This year, the ranking included an assessment of Europe’s economic performance during the present financial crisis.
The agenda alleges the economic recovery is expected to be due to Europe’s competitive corporate sector, smaller excesses on financial markets, high levels of person savings, an improving human capital base and strong public finances.