‘Slowdown in emerging countries threatens European economy’

Published on 21 August 2013 at 10:47

Cover

Brazil, Russia, India and China are faced with a fall-off in economic activity and European companies may end up paying the price, warns Berlingske.

“If the economic slowdown worsens, it may have an impact on exports that will cost jobs,” writes the daily, which quotes Danske Bank's Allan von Mehren —

We over-invested in these countries, because expectations about their growth were too high. Today, the money is moving away from them.

Receive the best of European journalism straight to your inbox every Thursday

Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic