Elliott R. Morss, Ph.D. ©All Rights Reserved
Introduction
The economic prospects for the Eurozone are not good: slow growth, lagging investments and high unemployment levels. Projected GDP growth this year is projected at only 1.2% with unemployment for the region averaging 7.7%. There are continual worries/uncertainties about Brexit, but the poster child for Eurozone malaise is Greece. Below, the Greek problem is described and related to the overall Eurozone region.
The Eurozone
According to FocusEconomics, Eurozone GDP growth is weak, projected at only 1.1% for the year. The German and France economies, by far the