Europe struggles to get back to work

Despite GDP growth beating market expectations, the eurozone recovery remains frustratingly slow, with persistently high unemployment highlighting the region's weaknesses.

The fragile euro recovery gathered some momentum towards the end of 2013, but with unemployment remaining at an elevated level, there remains significant weakness across the region.

According to Eurostat, eurozone real GDP rose by 0.3 per cent in the December quarter, slightly higher than expectations, to be 0.5 per cent higher over the year. This follows growth of 0.1 per cent in the September quarter.

Graph for Europe struggles to get back to work


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles