The Colosseum Rome Storm Crypt/Flickr

欧元区的生命迹象

纽约—欧元区最新经济数据表明复苏也许近在眼前。是什么推动了形势向好?前方面临什么障碍?应该如何维持有利形势?

复苏的近因不难识别。去年,欧元区还在二次触底边缘徘徊。当欧元区陷入技术性通缩时,欧洲央行终于扳动了激进宽松的扳机,采取了量化宽松(包括购买主权债券)和负政策利率双管齐下的措施。

金融效果立竿见影:预期货币宽松的欧元立刻贬值,并且在宽松实施之后维持跌势,欧元区核心和外围的债券收益率下降到极低水平,股市也开始强劲反弹。再加上油价暴跌,共同刺激了经济增长。

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