The Impact of the Strengthening Euro to the Eurozone Economy

The Eurozone economy has shown an improvement growth in the past ten years. Having a negative economy growth due to financial crisis in 2009, the average GDP growth of Eurozone gradually increased. In the 2017Q1, the economic growth increased by 0.1% compared to the end of 2016. An improvement of the Eurozone economy has led to a stronger exchange rate of Euro against other currencies.