Signs of a Pickup Abroad

Signs of a Pickup Abroad TIME's European Board of Economists sees a timid recovery

Tantalizingly visible on the horizon, a weak and exceedingly vulnerable economic recovery will at last begin to take shape for the struggling nations of Western Europe during the second half of 1983. That was the cautious view of TIME'S European Board of Economists, which met in Geneva last week to survey the West's hesitant forces for recovery—most notably the falling interest rates around the world—and to weigh them against the twin recessionary demons of global debt and rising...