Chief economists see ‘weak’ or ‘very weak’ Europe growth this year: Davos poll

A poll conducted of chief economists found three-quarters expecting weak to very weak growth in Europe this year, the most pessimistic outlook of any region. The chief economist survey , released in conjunction with the World Economic Forum in Davos but conducted in November and December, found a big geographic split, with 93% expecting moderate to strong growth in South Asia and 86% expecting that for East Asia. For the U.S., 56% expected moderate to strong growth, down from 78% for a poll in September. By contrast, 77% expected weak to very weak growth in Europe, nearly double the number who did in September. The bleak outlook…