Eurozone bounces back as growth beats US, Britain – But is it sustainable?

Press quote (Voice of America)
19 May 2017

“We’re seeing a cyclical recovery because we finally had the European Central Bank operating like a normal central bank and doing quantitative easing,” says analyst John Springford of the Centre for European Reform. ...Italy’s economy is still in the slow lane with annualized growth of just .8 percent. “It’s growing very slowly, its banks still haven’t been sorted out and there’s a lot of political instability,” says Springford.