Euro Economy Tarnished by Greek Crisis Savors Stimulus Tailwind

If it weren’t for Greece, Mario Draghi might have had reason to cheer this week.

The European Central Bank president, confident two weeks ago of “gradual reflation” in the euro area, will probably see evidence of that on Tuesday with data showing a second month of annual consumer-price gains. The economy is in its longest growth spurt since the 2008 financial crisis and about to start the second half of the year with a tailwind of stimulus.