European Outlook 2013

Huw Pill on the Euro Area [4:44]
  • Huw Pill

    Huw Pill

    Chief European Economist, Global Investment Research

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  • Allison Nathan

    Allison Nathan

    Senior Strategist, Global Investment Research

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What we have seen over the past few years and we expect to continue to see in 2013 is a process on the public sector side of fiscal consolidation and on the private sector side of deleveraging, both of which will weigh on spending in the economy, suppress aggregate demand and ensure that growth is low.

- Huw Pill
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