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BLOOMBERG Bloomberg Markets European Close July 12, 2024

Together. If you think the increased interest in europe over the last six weeks of so is off the back of the e. U. Recovery fund. Details are pretty good. It means to us that europe is maturing. It is looking a lot more sophisticated. To us, this is something that can run a little further. The market is getting ahead of itself. People are saying this would d to more this is because of the pandemic. Are we going to be back to square one . Or is this Real Progress . I would say it is a little bit of both. Ultimately, this is the first up towards all the things we have been asking that was put into construction mode. Think there is a fundamental improvement. Terms of the long term in terms of a longterm, we still there were still a lot of focus on the old economy sectors, which means it is likely to struggle for a while and you have to remember demographics. The ecb looks more credible than it did a year ago. Plus, as you said, europe ....

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