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Why investors are going bullish on Europe

The EU is not just outperforming in terms of virus management, but economic policy. That makes "Buy Europe" a more attractive proposition

By Megan Greene   October 2020

Photo: LAURIE DIEFFEMBACQ/Belga/PA Images

GDP figures for the second quarter of 2020 revealed the carnage wreaked by government shutdowns. The EU was no exception, contracting by around 12 per cent compared with the previous quarter. But GDP figures are inherently backward-looking. There are other—more timely—straws in the wind that suggest the EU will bounce back faster than most. And that is making investors, in a phrase not heard in a long time, bullish about Europe.

Until a vaccine is widely distributed or a treatment discovered, economic…

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