Talk of Economic Depression as Early Optimism Dashed – ITTO European Market Report 15th April 2013

The month of March 2013 is likely to be remembered as a major turning point for the European wood industry. Not only did it mark the introduction of the EU Timber Regulation (EUTR), but it also brought extremely bad economic news. Some newspapers and economists are now talking in terms of a “depression” in Europe. The fragile optimism of the opening weeks of the year has been dashed amid emerging signs that the recession is far from over.

Continue reading “Talk of Economic Depression as Early Optimism Dashed – ITTO European Market Report 15th April 2013”
Share this: