Recovery in the euro area, but until when?
According to the October EUROGROWTH indicator, growth in the euro area will remain steady with growth of 0.7 and 0.6 per cent in the third and fourth quarters of 2015, respectively. The recovery is, however, driven by the effects of positive external shocks that will fade soon, and it remains uncertain whether a self-sustained upward momentum will unfold.
More information on this topic on our Euro Growth Indicator section.