Financial Times FT.com

Europeans gloomy on economy but shun US model

By Ralph Atkinsin Frankfurt

Published: September 24 2007 03:00 | Last updated: September 24 2007 03:00

Europeans have little faith that their continent can compete economically with fast-growing Asian countries - but are even more convinced that it should not become more like the US.

The wary attitude of Europeans towards US-style capitalism and the gloom of many about economic prospects are revealed in an FT/Harris poll. The results suggest even the recent revival in economic growth has not convinced Europeans that the continent is on the right track.

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