Moody’s: US economic growth gives Europe a much bigger boost than to China

US growth could boost US economy
The international credit rating agency said that the acceleration of US economic growth will therefore have positive effects on debt quality among European commercial and sovereign debtors.
Jorge R. Valez, vice president of Moody’s, the author of the study, highlighted in his presentation of the analysis that using the six largest European economies – Germany, the United Kingdom, France, Italy, Spain and the Netherlands – as a test sample, the company’s model calculations show that the U.S. a sustained 1 percent increase in the value of gross domestic product (GDP) adds 0.8 percent to the GDP produced by European economies. (Kertész Róbert, MTI)
Related news
Dependence on the American market can pose a serious competitive disadvantage in exports
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Tesco’s turnover increased in the first half of the financial year, sales in the Central European business also improved
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >US consumer sentiment worsened in September, according to a University of Michigan survey
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
K&H Analyst Commentary: Hungarian industry continues to decline
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production fell by 7.3 percent compared to the same period of the previous year and by 2.3 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: fixed 3 percent SME loan launched on October 6
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >