S&P Global analysts have expressed concerns about protracted economic weakness in the euro zone, not just concern on the eurozone but into other parts of Europe (mainly central Europe).
- “One of the key risks which we see is what could be a more protracted weakness in advanced Europe, including Germany,”
- weaker growth could put pressure on public finances and put government debt on the upward path
This is leading to expectations of sooner and deeper European Central Bank cuts:
This article was written by Eamonn Sheridan at www.forexlive.com. Source