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File: February 2013 Eco Report (engl.)

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Euro area close to growth

The composite index for Euroland rises for the sixth time in a row to -3.9 points in February. Once again, the six month expectations of the 984 surveyed investors gain more ground than the assessment of the economic situation. They reach the highest reading since June 2007, the last month before the beginning of the financial crisis. Overall, we can note: with a composite index close to the zero mark, the euro zone economy is poised to grow again. It is almost without doubt that the composite index for the euro area will reach positive territory soon – the general dynamics are currently just too strong.

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