Eurostat has published its figures for the first quarter of 2019 on the European economy (EU 28 and Eurozone). It’s holding steady.
Growth is bouncing back (at modest levels): +0.5% vs +0.3% in Q4 2018 and, more importantly, 240 million Europeans (EU 28) were employed in Q1 2019, including 160 million in the Eurozone.
This is the highest level ever recorded in these two zones. Not bad.
Furthermore, the European Central Bank announces that it will keep its key interest rates at the lowest levels until “the end of the first half of 2020,” which is 6 months longer than it had previously announced. It’s holding steady.
