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ECB Tight With Cash for 31% in Poll Even After New Loans

International investors say the euro area’s economy is in its worst shape in more than a year and in danger of dropping into deflation, with a central bank that many believe is not doing enough to help, according to a Bloomberg Global Poll.

More than one in three described the region’s economy as worsening, the most since May 2013, when Europe was just emerging from recession. Seventy-seven percent viewed disinflation or deflation as a greater threat than inflation to the area over the next year, the July 15-16 survey also found.