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In over 20 years, we have not seen European equity markets as undervalued as they currently are. This is clear on many measures, including price-to-earnings and price-to-book. In addition, Europe is looking cheap relative to other regions.

Fidelity International take a look at the economic landscape in Europe and whether we can see signs that the worst is behind us.

Featured articleIf the recovery in economic growth is to be sustainable, the global unemployment rate must begin to come down.

The absence of green shoots is hindering an equity recovery.

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