Euro-zone growth boosted by corporate investment?
Household consumption and household housing investment in the euro-zone will be weakened in 2023 by declining household purchasing power and rising interest rates. But euro-zone growth will be boosted by corporate investment, due to: The under investment since 2008 and in the development of automation; Public, national and European aid, particularly for the energy transition and reshoring; High corporate profitability and rising profit margins; The upturn in global trade and exports.