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It said it expected it to continue over the medium term.
The continent has experienced growth in domestic, intra- and inter-continental air traffic services over the past two decades that we project will continue over the medium term.
My view is that this growth momentum will continue over the medium term if countries rise to new challenges and manage their economies as dexterously as they have over the past decade or so.
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Moody's justified its decision, which follows recent downgrades from other credit rating agencies, on poor growth prospects and on a prediction that "the Portuguese government's financial strength will continue to weaken over the medium term".
"Without policy adjustment, the space for household assets to absorb public debt will continue to shrink over the medium term," said Kiichi Tokuoka, an economist with the International Monetary Fund.
called on France to continue consolidating its public finances "over the medium term" but said that the government's efforts to date had won it sufficient flexibility "to moderate the pace" for now.
On Aug. 5, the Treasury told investors they "should expect auction sizes to continue to rise in a gradual manner over the medium term".
"Most participants projected the improvement in labor market conditions to continue, with the unemployment rate moving down gradually over the medium term," the minutes concluded.
We continue to believe that Capita is well positioned to capitalise over the medium term on a wide range of both organic and acquisition opportunities.
"Over the medium term, the economy is projected to continue rebalancing away from investment toward private consumption and from industry to services, but nonfinancial debt is expected to continue rising as a share of GDP, and the accumulation of vulnerabilities clouds the medium-term outlook," notes the IMF report.
That said, Atkins has strong rail expertise so we expect it to continue to play an active role in a strategically important infrastructure sector over the medium term.
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