DBRS: A Bell for the Bet on Europe's Economic Convergence – The Challenge for Greece
4 Articles
4 Articles
Morningstar DBRS sees different speeds in Europe – Central and Eastern Europe continues rapid convergence, while Southern Europe needs investment and reforms to avoid losing ground
Economic convergence is expected to continue in many middle-income European economies, supported by faster income growth and a gradual convergence of productivity levels towards those of higher-income economies, Morningstar DBRS said in a commentary. However, it notes that the convergence process will remain uneven across countries, with different growth dynamics becoming increasingly apparent between the two main groups of economies on a conver…
DBRS identifies clear differentiation in the course of economic convergence of European economies, with Greece among those experiencing a slowdown — and possibly stagnation.
(Teleborsa) - Economic convergence is set to continue in many European mid-income economies, thanks to faster income growth and a reduction in productivity gaps compared to...
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