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Prospects For European Economic Recovery Not Good
Western Europe faces a somber 1977 outlook with little confidence across nations from Portugal to Austria. The AP survey cites weak prospects, with Switzerland noting a prolonged lull despite low inflation, while Britain and France struggle with inflation and deficits. Economists warn of slow growth, higher unemployment, and limited impact from U.S. demand. Germany and Italy show limited signs of revival as governments weigh trade and wage measures.
MENTIONED IN THIS ARTICLE
John Vinocur
Associated Presss
Paris
Europe
Portugal
Austria
Czechoslovakia
Associated Press
Switzerland
Commission On Economic Trends
Denmark
West Germany
Holland
Belgium
Carter
J. van den Beld
Dutch Central Economic Planning Office
United States
Britain
Alex Park
British Leyland
Morris
Austin
Jaguar
France
Gosta Bohman
Sweden
Gaston Thorn
Luxembourg
Denis Healey
North Sea
Kenneth Keith
Hill Samuel Investment Group
U.S
l'Expansion
Hans Friederichs
Italy