Κυριακή, 24 Ιανουαρίου 2016
The global economy has shifted from being the potential saviour of the eurozone economy to an additional source of uncertainty for it.
The outlook for the global economy is worsening quickly, raising question marks over the eurozone’s recovery. Will consumption and investment rise by enough to offset the likely weakening of eurozone exports, or will the recovery peter out? What does the deteriorating global environment mean for the ECB’s attempts to raise inflation and to ward off threats to the debt sustainability across the eurozone? The currency union is at no risk of falling back into recession in 2016, but last year might turn out to have been as good as it’s going to get.