TIME's European economists see growth ahead but worry about U.S. policy
It can hardly be called a boom, but Western Europe's recovery, still somewhat tentative only six months ago, is now taking root and slowly spreading. Healthy profits in many industries are turning out to be the best possible antidote to the fashionable Europessimism that only a few months ago considered the Continent to be in an irreversible economic decline. With the upswing has come a return of business confidence, at least for the next 18 months. Beyond that period, though, the outlook is...
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