The current account balances among some of the most troubled European regional economies have snapped back faster than many would have expected in the depth of...

John Robertson

PortfolioDirect

The current account balances among some of the most troubled European regional economies have snapped back faster than many would have expected in the depth of the European financial crisis. Growth is one aspect of the European recovery where there is some evident improvement but the current account deficits, an indicator that goes to the heart of many of the problems these economies faced, show more dramatic changes. The improved external positions remove some pressure for more austerity measures which takes away a growth dampener all of which helps create a more benign cycle and a more sustainable growth outlook.


1 topic

John Robertson
John Robertson
PortfolioDirect

John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment