KfW sees stable growth ahead for Eurozone

Strong foreign trade is ensuring solid economic growth in the Eurozone, the state development bank KfW is convinced.

Since private consumption is also likely to further sustain growth, KfW economists have raised their economic forecast for 2015 from 1.3 to 1.5 per cent and confirmed 1.8 per cent for 2016.

The good news is that in the Eurozone things are looking up, although it is too soon to jump for joy.

High unemployment is continuing to stand in the way of a stronger upturn.