Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
joncture <strong>in</strong>ternationale et risques pays<br />
ralentissement se confirme,<br />
s faiblesses demeurent,<br />
s risques persistent<br />
www.eulerhermes.com<br />
<strong>Euler</strong> <strong>Hermes</strong> Economic Outlook is published quaterly<br />
by the Economic Research Department of <strong>Euler</strong> <strong>Hermes</strong><br />
1, place des Saison, 92048 Paris La Défense Cedex - Tel. : +33 (0) 1 84 11 53 77<br />
This document reflects the op<strong>in</strong>ion of the Economic Research Department of <strong>Euler</strong> <strong>Hermes</strong>.<br />
The <strong>in</strong>formation, analyses and forecasts conta<strong>in</strong>ed here<strong>in</strong> are based on the Department's current hypotheses and viewpo<strong>in</strong>ts<br />
and are of a prospective nature. In this regard, the Economic Research Department of <strong>Euler</strong> <strong>Hermes</strong> has no responsibility for<br />
the consequences hereof and no liability. Moreover, these analyses are subject to modification at any time.
Change language