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Quarterly Report on the Euro Area

European Union, (2013), Quarterly Report on the Euro Area, Volume 12, No.4

The volume contains:

Since the start of the recovery in spring 2013, euro area wide GDP growth has remained subdued. While the recent pick up in domestic demand is encouraging, financial fragmentation and ongoing private and public balance sheet adjustments still weigh on growth. In addition, high unemployment – especially among the young—remains a key concern in many euro area countries. Over the next few years, output is expected to continue to recover at a moderate pace, supported by global demand and gradually strengthening domestic demand.

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