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- Title
Euro Area: beating expectations?
- Abstract
The article offers an economic review on Europe's economy performance for 2007. The section discusses the accomplishments made by several European countries that resulted to a massive growth in economy in European region. According to the report, the continued improvements in European growth prospects are driven in large part by the performance of the German economy, and also by the economic upturn in Italy. It states that despite steady economic growth and strong exchange rate and lower energy price inflation, Europe's overall inflation rate has remained below 2 percent per year.
- Subjects
EUROPE; GERMANY; ITALY; ECONOMIC development; BUSINESS cycles; DEVELOPED countries; ECONOMIC activity; ECONOMIC indicators; PRICE inflation; PURCHASING power; FINANCE; ECONOMICS
- Publication
National Institute Economic Review, 2007, Vol 201, p23
- ISSN
0027-9501
- Publication type
Article