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Euro Area: Moderate Recovery proceeds

Author

Listed:
  • Boysen-Hogrefe, Jens
  • Fiedler, Salomon
  • Groll, Dominik
  • Jannsen, Nils
  • Kooths, Stefan
  • Stolzenburg, Ulrich

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.

Suggested Citation

  • Boysen-Hogrefe, Jens & Fiedler, Salomon & Groll, Dominik & Jannsen, Nils & Kooths, Stefan & Stolzenburg, Ulrich, 2015. "Euro Area: Moderate Recovery proceeds," Kiel Institute Economic Outlook 10, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkeo:10
    Note: Short English version, full version available only in German language.
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