Economic recovery to pick up pace in 2011, but risks lie ahead | Eurobank
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Economic recovery to pick up pace in 2011, but risks lie ahead

Economic recovery in the region is expected to pick up in 2011, but risks lie ahead. In view of the lingering euro area debt crisis, regional currencies are likely remain under pressure in the near future, having broadly shed most of their year-to-date gains. In the sovereign credit space, there appears to be limited scope for further upside especially in high quality credit.