European stocks are still a buy

The eurozone recovery looks to be running out of steam, says Andrew Van Sickle. But the gloom is overdone.

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Mario Draghi: whatever it takes, and then some more

Is the eurozone recovery running out of steam? The composite PMI, a widely monitored economic gauge that tracks activity in the services and the manufacturing sectors, has fallen to a 13-month low. The eurozone slipped back into deflation in February, with prices falling at an annual rate of 0.3%.

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.