Eurozone: the situation stabilised in the fourth quarter

The deterioration since the summer in the eurozone seems to have stopped. The confidence indicators have stopped falling and are showing signs of a turning point, while the activity indicators continue to be weak and exports have given significant signs of recovery in the last two months. The fundamentals are making mixed progress, since the fall in oil prices could reinforce the recovery next year, but certain risks are intensifying.

Authors

Geographies

Topics