Horn, Gustav A.; Herzog-Stein, Alexander; Hohlfeld, Peter; … - 2014
, economic growth will strengthen appreciably in the United States. The economy of the euro area excluding Germany will expand … more rapidly during 2015, after subdued growth in 2014. On average, the gross domestic product (GDP) of the euro area … standardized definitions). To secure the fragile recovery in the euro area, monetary policy should remain very expansionary and the …