The euro zone has done nothing to stimulate its growth

Growth is abnormally weak in the euro zone. Why? In reality, the sluggishness of the euro zone’s growth has its roots in anti-growth behaviour in the euro zone: Euro-zone companies’ effort to invest in new technologies and automate has been weak, which helps explain the low level of productivity gains; The level of labour force skills and the quality of the education system are low on average; The end of capital flows between the euro-zone countries in 2010 stopped the euro zone’s savings from financing efficient investments in the zone. So it is not surprising that growth is weak in the euro zone and, accordingly, that the zone is not very attractive for foreign capital.