Most who follow the news know that Europe’s economy has not been growing
well. As a matter of fact, Europe’s growth has been so poor that it
makes the U.S. economic growth engine look outright stellar.
Over the last 12 months the euro zone economy has grown by 0.15%, with the reported 2nd quarter GDP growth rate stagnating at 0.0%.
This is not a short-term trend. It’s been 15 years since the euro zone last saw GDP growth above 1% on a sustainable basis. Why is Europe stuck in a slow/no growth environment?
Read more: What's Next? Europe's Weak Economy Makes US Growth Look Strong
Over the last 12 months the euro zone economy has grown by 0.15%, with the reported 2nd quarter GDP growth rate stagnating at 0.0%.
This is not a short-term trend. It’s been 15 years since the euro zone last saw GDP growth above 1% on a sustainable basis. Why is Europe stuck in a slow/no growth environment?
Read more: What's Next? Europe's Weak Economy Makes US Growth Look Strong
No comments:
Post a Comment