Economics
Euro-Area Outlook Dims for Economists as QE Push Falls Short
European Central Bank President Mario Draghi Addresses EU Parliament
Christophe Morin/BloombergThis article is for subscribers only.
Mario Draghi’s trillion-euro boost for the euro area isn’t proving sufficient to lift economists’ confidence in the region’s recovery.
Barely a quarter of the respondents in a Bloomberg survey see the currency bloc’s outlook improving in the short term. That’s the lowest level since the European Central Bank started its stimulus program to buy 60 billion euros ($67 billion) a month of debt through September next year.