Investment - Articles - Austerity splits European views on economic outlook

 A recent Pan-European investor sentiment survey conducted by Schroders revealed that investors from countries with the lowest needs for fiscal austerity are the most optimistic about their own country’s economic outlook and also the global economic outlook for 2011.
 
 Schroders’ survey of 2,200 high net worth investors across ten European countries shows that investors in Italy, Spain, UK and France, which have some of the highest fiscal austerity needs across Europe, are the least optimistic about the domestic and global economic outlook in 2011. However, they become more aligned with the rest of Europe on the domestic and global outlook over five and ten years.
  
 In contrast, investors in Sweden, Switzerland and Germany, which have some of Europe’s lowest fiscal austerity needs, are the most optimistic about the outlook of their domestic economies as well as the global economy this year.