Tip:
Highlight text to annotate it
X
Whatever happens in Europe - it will affect the United States. As projected, the euro
area in the last quarter, has renewed its economic growth - the Monetary Union has come
out of the longest recession in its history. According to the forecasts of analysts surveyed
by Bloomberg, the growth in the second quarter could have been 0.2%. In many ways, economic
growth in the USA has helped the European economic revival. In the future, the euro
zone economy will depend on the state of its trading partners' economies, the United Kingdom,
the United States and China. Currently, their indicators are improving. But the major problem
in Europe remains to be high unemployment, especially among young people, as well as
the ongoing crisis in the individual countries within the monetary union.