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nounthe euro area
The member states of the European Union whose currency is the euro:‘concerns about rising prices in the euro area’
- ‘Monetary policy will respond to the economic growth rate and inflationary pressures in the euro area as a whole.’
- ‘They are not certain whether growth prospects in the euro area will prove to be sustainable.’
- ‘Broad money growth in the euro area has slowed down since 1990.’
- ‘Growth in the euro area is clearly weakening but inflation is uncomfortably high.’
- ‘If oil prices remain high, it could dampen the strength of recovery, both inside and outside the euro area.’
- ‘The euro area accounts for some 15 per cent of global GDP with a total population of 292 million.’
- ‘Mr Hughes said economic data for the euro area continues to paint a mixed picture.’
- ‘Inflation in most euro area countries fell sharply in May.’
- ‘Employment growth remains limited in the euro area, where the unemployment rate has been anchored around 9%.’
- ‘The US is a very different economy from the euro area - and the Federal Reserve has a different view of its role.’
- ‘We do not presently perceive any deflationary risks in the euro area.’
- ‘Suppose that the government of a country in the euro area gets into fiscal trouble, from which it cannot extricate itself.’
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