Folder Path: \ Reports (English) \

File: March 2015 Results

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Growth back in the euro zone

The euro-zone economy sends clear signals of strength. Investors’ assessments of the current situation have climbed to their highest since May 2014. But what is even more important is the continued strong improvement of investors’ 6-month expectations which show their highest reading since February 2006. This gives hope that this time the recovery is a more sustainable one enabling the euro zone to finally leave its recessionary tendencies behind. Germany remains the area’s growth engine. On a global level, it is the US which shows some signs of slowing down, probably a result of the ever stronger US dollar.

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