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20 June 2012
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Europe past recession worst; UK, Norway, Poland may see early recovery - C&W
Even if forward-looking indicators are up across Europe amid a growing belief that the region is past the worst of the recession, the evidence for stabilisation, let alone recovery, is mixed and still very thin in some countries, says Cushman & Wakefield. In its bi-monthly Economic Pulse, the realtor says western Europe, particularly the UK, has seen more positive indicators than eastern markets. However, "Risks to the recovery will remain and polarisation in economic performance between European markets will accelerate in 2010, with the UK, Norway and Poland perhaps set to see early recovery, followed by Denmark, Finland, the Czech Republic and possibly Sweden," C&W says.