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Back Green Shoots Are Sprouting in the European Economy

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Green Shoots Are Sprouting in the European Economy

10 mins.
28 MAY, 2024
ANALYSTS:
Ignacio de la Torre, Ph. D.
CATEGORIES:
Macro Global Global AER Global
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The European economy has been severely battered since Covid-19. Following the pandemic, it faced an energy crisis, double-digit inflation, and a 4.5% interest rate hike. It therefore comes as no surprise that eurozone economic growth has been disappointing. However, a series of circumstances are unfolding which will trigger a revival of European economic growth. The green shoots are peeping through. This note analyses these promising signs and explains why European growth is on track to surprise on the upside.

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