Allianz Euro Monitor 2018: As good as it gets?

A decade after the onset of the great financial crisis, the Eurozone as a whole appears to be in relatively good shape again. Unemployment has dropped sharply, the current account now boasts a robust surplus and the positive trend in public finances meant that in 2018, for the first time ever, all Eurozone countries respected the 3% Maastricht criterion with the average Eurozone budget deficit coming in at 0.6% in relation to GDP.