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Downtrend still persists in global economy as a whole. This has forced the experts to forecast that complete recovery in the economy is still not anywhere near and it may in fact take a long time. Meanwhile, the economy has to face the challenges and it is only by resolving them that further improvements can be ascertained. The experts have forecast a gloomy economy for many countries with industrial activities not so encouraging.

Business

According to the financial experts, the economic circumstances in many European countries are still worrisome. Most of the nation in this region is suffering from high debts and the situation has not improved significantly despite all out efforts. This has created worsening circumstances in many other countries as well. Financial activities in the developing and developed countries have suffered a lot due to persisting Euro zone crisis.