SUBSCRIBERS

Low interest rates, cheaper oil helping eurozone recover: Societe Generale

French bank also allocating more capital to its Asian business.

Published Sun, Mar 15, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    SEEN from Singapore, the eurozone's economic situation seems pretty precarious - with regular headlines stoking up deflation and Grexit fears, and established political parties under threat.

    But the region is actually improving, and helping many of the 19 nation economies are the low interest rates and low oil prices, says Societe Generale deputy chief executive Severin Cabannes.

    The plunge in the euro is also positive, as it is boosting exports, said Paris-based Mr Cabannes in an interview with The Business Times.

    Copyright SPH Media. All rights reserved.