The resilience of the euro-zone economy
The euro-zone economy is currently being "attacked" by: The risk of a trade war; Industrial problems (cars, capital goods); The slowdown in global trade; Capital outflows. Yet, the euro-zone economy is resilient (0.4% growth in the first quarter of 2019), thanks to: The stimulation of demand (expansionary fiscal and monetary policies, real wage growth); The capacity to create jobs; Companies’ investment requirements, as their profitability is high.