Euro Area: Moderate Recovery proceeds
Jens Boysen-Hogrefe (),
Dominik Groll (),
Stefan Kooths and
No 10, Kiel Institute Economic Outlook from Kiel Institute for the World Economy (IfW)
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)
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