Eurozone Economy Picks Up Steam

RECOVERY

Updated Apr. 20, 2017 5:47PM ET / Published Aug. 22, 2013 7:08AM ET

Emilio Morenatti/AP

A private-sector study revealed Thursday shows that manufacturing output is driving the European currency zone to its highest level of economic activity in two years. The news comes shortly after the Eurozone officially pulled itself out of recession with a positive growth report in the second quarter of this year, helped by household spending in Germany and France. Still, there is little sign that the tepid growth will do much for the currency zone’s biggest problems, which include historic unemployment rates and a lack of confidence in public finances.

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Eurozone Economy Picks Up Steam

Emilio Morenatti/AP