Hedge Funds
The current economic move towards recovery is expected to continue at a modest pace over the coming months due to growing domestic demand, according to 3 leading European think tanks. Ifo of Germany and its French and Italian counterparts all made a joint statement that they are expecting a small acceleration in quarterly growth in GDP. The statement said the groups anticipate 0.3% growth in the second, third, and fourth quarters of 2014 compared to 0.2% in the first quarter. The single currency bloc ran a surplus in 2014 equivalent to 2.3 per cent of GDP, and this is predicted...