Euro Area: Moderate Recovery proceeds

Jens Boysen-Hogrefe, Salomon Fiedler, Dominik Groll, Nils Jannsen, Stefan Kooths and Ulrich Stolzenburg

No 10, Kiel Institute Economic Outlook from Kiel Institute for the World Economy (IfW Kiel)

Abstract: Economic activity in the Euro Area is gradually gaining grip in 2015. Sentiment indicators suggest that the current - rather moderate - recovery will prevail over the second half of the year. The upswing is expected to broaden and to be increasingly driven by domestic forces. It is supported by favorable financing conditions and lower oil prices, combined with a relatively low external value of the euro.

Keywords: investment; Euro area; European Monetary Union; leading indicators; financial crises; labor market; Juncker-Plan (search for similar items in EconPapers)
Date: 2015
Note: Short English version, full version available only in German language.
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