Unfortunately, the recent headlines for Europe don't inspire confidence:
"Euro-Area Growth Cools as Germany, France Fall Short"
"Italian Economy Grew Less Than Forecast in Second Quarter"
"French Economy Stagnates as Consumer Spending Barely Grows"
"German Economy Expands Less Than Forecast as Global Risks Loom"
We can only hope things improve but I'm not holding my breath.
Anyone ever check out NRF's QuickScore governance rating from ISS (Institutional Shareholder Service)? Interesting concept. As you might have already perceived, the compensation category (pay for performance) is low on the scale, 9/10, as are a few items. Wish I could post a link.