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.
Subscribe to the Voxeurop newsletter in English
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 membership offers and their exclusive benefits and become a member of our community now!