Jusqu’ici, la récession est plutôt douce. Mais il est probable que les choses vont fortement s’aggraver.

A false dawn - The recession has been mild so far. But things are likely to get much worse

[The Economist]

A NEW year can bring a burst of optimism, even in as troubled a place as the euro area. Stockmarkets have been a bit cheerier, helped by better jobs and output figures from America. Bond investors seem less skittish: on January 5th an €8 billion ($10.4 billion) auction of French government bonds was comfortably oversubscribed. The €498 billion that banks were able to borrow cheaply for three years from the European Central Bank (ECB) in December has helped to settle nerves.
Lire : economist.com