2010
01.09

“The past three months have been characterized by a rather positive and a relative recovery of , although in absolute terms on the levels can not yet define soddifacenti,” says Thomas Meier, Fund Manager of Union . “The highest point, the so-called peak was reached in late January, but soon, there will probably prevail and uncertainties relating to developments in . These problems are magnified because of eclattanti cases of” bankrupt ” in the and who have cast a shadow of uncertainty about the actual transparency of operations against large groups of . ” Meier also points out however as the in interest rates should instead create a positive atmosphere with the prospect of an imminent economic recovery will indicate that the consensus for the second half of the year.

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