The recession of the Euro area economy will come to an end in 2010 as result of the expansionary monetary and fiscal policy，as well as the pick-up of the export. However，there are some factors impeding the recovery of the Euro area economy. Unemployment rate is still high and consumption may remain sluggish，the financial markets are still trembling and fail to support the real economy，low capacity utilization will further restrict investment，and the rapid increase of fiscal deficit will constrain the ability of governments to stimulate economic growth.