Publicis predicts "very difficult" year in Europe

04/15/2013 | Wall Street Journal, The

Noting a 6.5% decline in European organic sales growth in the first quarter, Publicis Groupe is looking ahead to a "very difficult" year in the recession- and austerity-racked continent. "This is really quite worrying. We saw double-digit declines everywhere south of Belgium," said chief executive Maurice Levy.

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