Bank Credit Analyst on Euro Equities

[HenryTo]

Getting more bullish on European equities - with the belief that the European Central Bank will provide stimulus to the region later this year - predicting that the ECB will cut the discount rate by 50 basis points.

Also mentions that structural reforms (which they desperately need) are going to happen as early as next year:

http://www.bankcreditanalyst.com/public/story.asp?pre=PRE-20050601.GIF