2012年下半年以来，欧洲债务危机风险逐渐下降，金融状况好转，带动了实体经济回暖。但外部需求的下降、财政巩固政策的紧缩效应、不确定的市场环境、限制性信贷政策等因素使欧洲，特别是欧元区经济的复苏较为缓慢，2013年欧洲经济增长率将为负。由于货币政策仍较为宽松、财政紧缩政策有所放缓、外部需求恢复等因素的推动，预计2014年欧洲将实现正增长。
Since the third quarter of 2012, risks of debt crises in Europe have
moderated． The stability of its financial situation benefited the real economy．
However, the recovery of the overall economy is still slow, because of the shrink of
foreign demand, fiscal consolidation, and market uncertainties． GDP growth rate will
turn positive in 2014．
