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Eurozone Q1 2016 Report

The Greatest Risk Facing the European Economy Is the ECB

The liquidity position of households and of businesses is stable. There has been an important decrease in debt in recent years. Credit in general sees improvement, and with that we expect to see an improvement in the extension of credit in the future. High consumer cyclical demand in vehicles and homes. This is a sign that marks the end of the recession.


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The liquidity position of households and of businesses is stable. There has been an important decrease in debt in recent years. Credit in general sees improvement, and with that we expect to see an improvement in the extension of credit in the future.

High consumer cyclical demand in vehicles and homes. This is a sign that marks the end of the recession.

Differing signs in economic activity. Stagnation in GDP and rise in industrial production index. Unemployment decreases and employment rate rises. A sign of economic growth. Corporate earnings on the rise. New sign of economic growth.

Interest rates at a minimum. Low credit demand combined with an unconventional monetary policy. A clear sign of weakness in the eurozone.

Negative interest rates combined with quantitative easing could significantly impair the balance sheets of the banking sector and halt the crisis recovery. 

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