Euro Area Hits Cruising Speed as Stimulus Adds to Dynamic
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The euro-area economy probably grew at the fastest pace in almost two years in the first quarter, underpinned by the start of the European Central Bank’s largest-ever stimulus program.
The 0.4 percent expansion forecast by economists would be the strongest since the second quarter of 2013 and follow the 0.3 percent posted at the end of last year. It would also be the first time since 2011 that the 19-nation region exceeds quarterly growth recorded in U.K. and the U.S.