Global Economic Trends and Challenges for 2013

Euromonitor predicts a slow economic recovery for the second half of 2013, especially if the Eurozone crisis continues to sluggishly diminish. Currently, rising bank deposits and an increase of private per capita flows are lessening the effects of the crisis; however, rampant unemployment and weak competitiveness are still issues for the area. Consumers are starting to spend more on convenience and niche offerings, which will help lessen economic problems. The recovery will be long, but it is...