Translation of "Erholung der eurozone" in English

There is still no sign of a major economic recovery in the Eurozone.

In contrast to the US, the Eurozone's economic recovery does not allow higher interest rates yet.

Moreover, the eurozone recovery has been sustained, somewhat unexpectedly, even in the absence of continuous fiscal stimulus.

And, in fact, the prospect of a growth pickup in the eurozone might be only partly insane.

The eurozone's recovery is continuing apace, even though its momentum remains only moderate.

The recovery in the eurozone will pick up pace with GDP growth of 1.8 percent.

Indeed, weakening banking conditions are emerging as a major threat to the eurozone’s recovery and stability.

But Draghi now recognizes that the eurozone’s slow, uneven, and anemic recovery reflects not only structural problems, but also cyclical factors that depend more on aggregate demand than on aggregate supply constraints.

Further monetary easing has boosted a cyclical recovery in the eurozone, though potential growth in most countries remains well below 1%.

But the one driving today’s recovery in the eurozone, including the peripheral countries that were hardest hit by the crisis, may be set to persist for a while yet.

The fact that the eurozone’s recovery is now catching up with that of the US, despite its lack of any continuing stimulus, suggests that the answer is no.

Unless, and until, Germany moves in this direction, no one should bet the farm on a more robust and sustained eurozone recovery.

Markets will be looking for a clear plan from the bank to deal with a stalled eurozone recovery, as well as the threat of deflation with inflation standing at just 0.3%.

Or was it just a ploy to deflect calls for a larger German contribution to the eurozone’s recovery?

The growth of the GVA of Agriculture showed resumption in the euro-zone, reaching + 0.2 % (-1.1 % in the previous quarter), while in the EU15, the growth rate remained unchanged at - 0.9 %.

Construction of housing confirmed the positive results already shown in the previous quarter: +0.7% in the eurozone (+0.6% in the second quarter) and +0.6% in the EU15 (+1.1% in the second quarter).

Drivers behind this trend are, on the one hand, the continued growth in the USA and the sustained economic recovery in the euro zone.

The Trendline could continue to show its importance as very important elections in Germany could stall the Euro zone recovery that is currently trailing the one in Britain’s economy.

The President of the ECB also comments: "A moderate recovery of the euro area economy is under way, driven mainly by domestic demand".

Despite the national debt crisis in Greece, the economic recovery in the Eurozone solidified in the reporting period, as the fall in value of the Euro against the US Dollar in addition to lower energy costs boosted economic development in most Euro countries.

Most economies will benefit from rebounding household consumption and a gradual recovery of the crucial export destination Eurozone.

We also expect the economic recovery in the European Union to continue, although significant risks still exist in the eurozone.

In recent years, the ECB's expansionary monetary policy has encouraged the economic recovery in the euro area, which in turn has bolstered demand for Swiss products.

The main drivers behind this trend are, on the one hand, the further acceleration of growth in the USA, boosted by the recently adopted tax reform, and the continuing economic recovery in the eurozone.

This is because stronger domestic demand prompts an increase in imports, while the faltering recovery in the eurozone, weak demand from other emerging markets and the conflicts in Ukraine and the Middle East constrain exports.

The ongoing stabilisation will be followed in summer by a recovery in the Eurozone which, although only modest overall, will benefit a wide range of sectors and regions, headed by Germany.

I am confident that the economic recovery of the euro area will allow the ECB to end its QE program in September 2018.

For the Euro area, despite the currently stable recovery, not all member states have yet fully recovered from the recent crisis and the Euro Area still experiences economic vulnerabilities with large macroeconomic imbalances, sluggish core inflation in the euro area and a significant financial fragmentation.

This should, in theory, give a boost to economic recovery in the Eurozone, in which Austria is lagging alarmingly behind in terms of economic growth.

As the consolidated European state described by Wolfgang Streeck has lost all fiscal will to act, the ECB's "quantitative easing" monetary policy represents a welcome contribution to the economic recovery of the eurozone.