‘Slowdown in emerging countries threatens European economy’

Published on 21 August 2013 at 10:47

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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.

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