Eurozone More Exposed?

Chief OECD economist Jean Philippe Cotis wasn’t only proferring recommendations to the Federal reserve yesterday. He was also not backward in coming forward with his opinions about future growth in the eurozone. Even if Cotis isn’t exactly my favourite economist I feel here he may be a little nearer the truth.

The occasion for M. Cotis’ observations was the official press briefing for an interim OECD assessment of the economic situation in Europe, the United States and Japan.
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