
A few days ago some EU officials together wrote an op-ed in the WSJ claiming that "
Europe's Crisis Response Is Showing Results, well of course it is; but those results just aren't good (via). In this article they had to say the following on growth:
The euro zone's economic prospects have improved over recent months.
Modest GDP growth returned in the second quarter of the year. Industrial
orders and output have increased, and many countries' sovereign-bond
yields have decreased. Unemployment, while still much too high, appears
to be stabilizing. Further modest growth is forecast for the second half
of this year, and the recovery should pick up speed next year as long
as we stay the course.