Dow Chemical CEO: Germany, Italy Showing Signs Of Stability

Date : 03/08/2012 @ 4:55PM
Source : Dow Jones News
Stock : Dow Chemical Company (The) (DOW)
Quote : 61.06  0.41 (0.68%) @ 4:01PM

Dow Chemical CEO: Germany, Italy Showing Signs Of Stability

Dow Chemical (NYSE:DOW)
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Dow Chemical Co. (DOW) Chief Executive Andrew Liveris said Thursday that some European countries are showing signs of stability despite the financial disaster triggered by the Greek debt crisis.

"Europe is still quite a mess," Liveris said, but he added that there are "signs of stability in Germany." He also said that "Italy is starting to look a little stable" after the recent change in government.

Asian economies are still growing and, in the U.S., "we have a tailwind economy" boosted by low energy costs and improving sentiment, he said. "The U.S. is an investment destination," he said.

-By Angel Gonzalez, Dow Jones Newswires; 713-547-9214;angel.gonzalez@dowjones.com

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