Why is Europe still maligned by investors?

Seen a 'robust recovery'

The underappreciated recovery in the eurozone continues to gather momentum, with economic data on the continent seemingly improving on a monthly basis.

March's Markit manufacturing and services PMI data, which reached the highest level since April 2011, was clear evidence of this. The survey also showed the best employment growth for more than a decade, as both manufacturing and service sector firms responded to "surging order books". France was the highlight once again, with the composite PMI reaching 57.6, driven by buoyant service sector growth. Data in other European markets also came in strong. Macron's predicted win sends European stocks to 20-month highs Despite the robust recovery, Europe is still often maligned by inve...