Coinciding with this week’s release of RGE Monitor’s updated 2009/10 Global Economic Outlook, here we present an overview of our European Economic Outlook, including the Nordics, the Baltics and Central and Eastern Europe. Previous newsletters addressed RGE’s U.S. outlook , the outlook for China , and Japan . The full version of the European outlook, available to subscribers, includes the following sections: -          Is the Worst Over? Clues from Industrial Production and World Trade -          Potential Output, Potential Growth and Output Gap -          Inflation or Deflation? -          Fiscal Policy -          Credit Market Conditions -          The European Banking Sector -          Sovereign Risk Watch: Ireland -          Sovereign Risk Watch: Greece -          Private Consumption and Labor Markets -          Power Shift Back to Nation States? European Monetary Union RGE Monitor expects the cyclical recovery in the eurozone –led by Germany and France–to lag recovery in the U.S., the BRICs and non-Central and Eastern Europe (CEE) emerging markets

Read more here – RGE Monitor – Europe Economic Outlook: Q2 2009 Update