Euro Area’s Longest Recession Seen Over as Champagne Kept on Ice

Euro Area’s Longest Recession Seen Over as Champagne Kept on Ice

Simon Dawson/Bloomberg

An employee dressed in heat retardant safety clothing takes a break outside the furnace shop at the Badische Stahlwerke GmbH (BSW) steel mill in Kehl, Germany. As the pain in Europe’s periphery has eased, German growth has strengthened. The Economy Ministry is predicting growth of about three quarters of a percent.