Is Europe's economy finally on the rebound?

After six years of pain, things may be looking up

Austerity
(Image credit: STRINGER/BELGIUM/Reuters/Corbis)

After six years of economic distress — featuring skyrocketing unemployment and stagnant growth — Europe might finally be ready to rebound.

The European Commission, the executive body of the European Union, says the 27-nation economic bloc could start recovering as early as the fourth quarter of this year, and predicts it could expand by 1.4 percent in 2014 — not exactly record growth, but not completely dismal either.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us

Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.