- Most recent data point to an improved economic outlook
This comes from Mr Rehn’s own blog and today’s entry is entitled “Can Spain achieve what Ireland and Latvia did”
An excerpt;
Most recent data provided by forward-looking economic indicators tend to point to an improved outlook. Of course, there is no reason for claiming victory yet, as in many countries unemployment remains unacceptably high and as the reforms that support growth drivers are still half-way or about to be implemented. But neither can we deny the underlying trend indicating that a rebalancing and reform of the European economy is clearly underway. This concerns by and large the eurozone economies, as well as the United Kingdom.
