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In Europe, the case for… optimism?

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An early trickle of cautiously hopeful research notes about Europe’s economic situation has become a monsoon the past week.

It follows the not-atrocious PMI and bank lending surveys, the ECB collateral rule changes meant to shift more credit towards the SMEs, the expectations-beating Spanish unemployment numbers, and a few other data points.

Continue reading: In Europe, the case for… optimism? Reported by FT.com 6 hours ago.

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