Muted outlook for Europe in 2014 says industry group

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Rumours of a return to good health for Europe’s economies are something of an exaggeration, contends this article from Industry Week. Manufacturers say growth is weak – just four countries will see industrial production growth of more than 3% this year: Czech Republic, Germany, Poland, and Switzerland. “Industrial production fell in four out of the last six months of 2013,” revealed an economist. Industrial production is expected to inch up less than two percentage points in the Eurozone in 2014.