Carstensen, Kai; Gern, Klaus-Jürgen; Kamps, Christophe; … - 2003
The economic situation in the euro area continues to be weak. In the course of 2003, real GDP has only stagnated … business sentiment and on consumer confidence. Finally, exports were hit by the strong appreciation of the euro. Since the … supporting the recovery will be exports as growth in the world economy will gain momentum and the dampening factors of the euro …
