Bloomberg.com: Citigroup Sees Double-Digit Growth for European Stocks in 2008 - by Adam Haigh
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Citigroup Sees Double-Digit Growth for European Stocks in 2008 - by Adam Haigh
European equities may post ``double- digit'' returns next year, with the U.K.'s FTSE 100 Index reaching 7,000 by the end of 2008, Citigroup Inc., the biggest U.S. bank, said.``European equities should be supported by lower rates, macro resilience, earnings growth, reasonable valuations and liquidity,'' Citigroup said in a note to investors dated today.
Labels: EU, European Economy
