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European crisis, the recession lingers, France, Italy lags behind

European debt crisis is a fading of the anxiety, investor confidence back. But the region is still stuck in recession, and some of the largest eurozone member states may become worse lag behind.
Italy's election results, from this weekend will emphasize continuous challenge. The winner is expected to host a weak joint support more reform, will make the euro zone's third largest economies is more competitive.
2 France recently reminded of his predicament, the Titan international (TWI) CEO Maurice Taylor said, tire manufacturers will be "stupid" save Goodyear (GT) factory set to close.
"The French staff, get pay higher wages, but only three hours," Taylor complain in a letter industry minister at the Montebourg. "They get an hour of rest and lunch, talk for three work three years.
The euro zone GDP has five consecutive quarter is flat or negative, Q4 is prevented a big shrinkage deepen. Italy's GDP has continuous sixth quarter decline, and Spain's five years.
The economists surveyed the European central bank cut its 2013 this month the eurozone GDP forecasts of 0.3% growth, from the point of view of early flat.
The European central bank promised last year to buy sovereign bond government, ask for help debtor default, causing financial crisis to reduce risk.
"The bad news is, they still have growth crisis on their hands, said:" IHS Global Insight's chief economist in ord bei Hera d assorted.
To improve the business optimism may lead to more investment and employment. But the consumer still cautious attitude, a rising euro would damage export, "he said.
Bei Hera d assorted think GDP shrinking by 0.3%, the first rebound to 0.6% growth. But in the south of Italy, Spain and Greece and other European countries should continue to contract to 2014. The French looks stagnant.
"It is difficult to see growth will come from," he added.
Miller Tabak company Andrew Wilkinson more optimistic economists also admitted that Europe's economic recovery will be a long, flat hard, put aside in the country Germany hope other stimulate demand.
The European central bank's commitment to keep the bond yield decline will stimulate more enterprise investment, and surveys of purchasing managers should expand activities, pointed out again this year, he predicts.
From France, but Markit decline in February, the eurozone manufacturing and services of the initial reading that activity shrinking faster.
This research company warned that Europe's two largest economies between the growing split, Germany rebounds the 25th and France led a steep decline. The gap between the two is the most widely used, because Markit survey began in 1998.
France began to like Europe's weak edge "solitary looking for Germany's" core ", "wheat getty said.
Northcote HongAn drew said, CIBC world market differences may lead to political tensions in the peripheral, making it difficult to solve problems, and work out the accord with financial and banking union.
Meanwhile, Germany will be held September's election, may cause greater volatility, in Spain and political scandal storm may further deterioration.
In 2012, the European central bank's commitment to investors, but hide the potential risk, northcote said. "The market is a bit too optimistic."
 



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