Last week’s dreadful data for the eurozone tell us that a long period of low economic growth and excessively low inflation lies ahead. France is falling back into recession; the signs of recovery in Italy have disappeared – again; even Germany has lost momentum.
歐元區上週發佈的糟糕數據表明,歐元區將會長期陷入經濟低成長和通膨率極低的局面。法國再次陷入衰退;義大利的復甦跡象又一次消失;就連德國也失去了成長勢頭。
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