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FLEE - European Manufacturing PMIs Fall Again - The ECB Needs To Do Something
Franklin FTSE Europe
The European Economies
It's not really valid to talk of a European economy, that being exactly the problem there is with the euro. Having the one currency means that monetary conditions must be the same across those different European economies. An example of this is that the UK economy seems to be slowing at the same time as many others - but monetary policy there is independent and can thus react.
Given this problem, we still do seem to have a general slowdown in manufacturing going on across the continent. This won't be all that