Among the big euro-zone economies only German GDP now exceeds its pre-crisis peak, by 2%. A recent European Central Bank survey forecast that GDP for the whole of 2013 would be 0.6% lower than in 2012, and that it would grow by only 0.9% in 2014. The end of the recession will give heart to European leaders but weak growth will still leave the euro area vulnerable to social and political discontent. (Source: The Economist)
