Europe’s Poisoned Chalice of Growth
After a double-dip recession and an extended period of stagnation, the eurozone is finally seeing green shoots of recovery, with the European Commission forecasting 1.3% growth this year. But, though that is not bad by European standards, it could be very bad for European reform.
https://prosyn.org/kgYDZac
CAMBRIDGE – After a double-dip recession and an extended period of stagnation, the eurozone is finally seeing green shoots of recovery. Consumer confidence is rising. Retail sales and new car registrations are up. The European Commission foresees 1.3% growth this year, which is not bad by European standards. But it could be very bad for European reform.