A raft of indicators have pointed to a pick-up in activity that puts the 19-country eurozone economy in a position to outperform expectations this year — provided it doesn’t stumble into a messy Greek exit from the euro or relations deteriorate between the West and Russia over the conflict in Ukraine.
For years, the eurozone has been in intensive care, sliding into two recessions as it struggled with a debt crisis that raised questions over the survival of the euro.
Since ECB President Mario Draghi said in July 2012 that the bank would do “whatever it takes” to save the euro, tensions …read more
Source: San Francisco Chronicle
