Inflation across the 19 - country eurozone remains stubbornly low even though the economic recovery across
the single currency bloc appears to be gaining more and more momentum.
Not exact matches
The final reading for a leading PMI covering both manufacturing and services across the
single -
currency bloc climbed in April to its highest level in six years, and it appeared to signal synchronized improvement extending across all of the larger economies.
Its solid performance over the three months to June helped to push year - on - year growth in the
single -
currency bloc up to 2.1 %, the highest level since 2011.
Business and consumer surveys pointed to continued momentum in the third quarter, keeping the
single -
currency bloc on course to potentially deliver its strongest calendar year of growth in a decade.
EU treaties don't give the
bloc the power to evict a country from the
single currency union.