Moneycontrol PRO

business

Euro to stay in recession till 2014; upbeat on US mkt: Citi

European markets have been through a rough patch of late and Geoffrey Dennis, MD of Citi believes it is likely to stay in recession till 2014 with negative growth. He also expects more monetary stimulus from the European Central Bank (ECB) including further interest rate cuts.

first published: Feb 22, 2013 02:56 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347