The shrinking incomes of Europe1 min read . Updated: 18 Nov 2014, 10:21 PM IST
The frailty of euro zone will ensure monetary policy at European Central Bank will remain easy and the ultra-low rates there will be a source of liquidity for global markets
Seven years after the financial crisis first struck in 2007, Europe continues to teeter on the brink of a recession. Many economies in the region are yet to regain the levels of per capita income they saw in 2007. For some, incomes are much lower than what they were seven years ago.
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