The eurozone strikes back – why Europe is booming again - News Summed Up

The eurozone strikes back – why Europe is booming again


In fact, growth in the 19-country eurozone has quietly outshone the US for the last two years. Eurozone unemployment has fallen to the lowest level since 2009, while factories are humming again, with production up 3.2% on last year. Germany’s economy remains solid, but Germans are increasingly worried about inequality and low-wage jobs. Weakest eurozone economies on long road to recovery Read moreDespite the rapid pace of job creation, eurozone unemployment remains high (9.1%), worse than the EU average (7.7%) and the US (4.3%). European leaders also want to push on with eurozone reforms.


Source: The Guardian September 16, 2017 15:00 UTC



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