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ECB’s de Guindos: Euro area economy is continuing to grow

Below are some key highlights from the speech delivered by Luis de Guindos, Vice-President of the ECB, at the joint EIB-ECB conference on investment, technological transformation and skills, Luxembourg, 28 November 2018.

  • The euro area economy is continuing to grow.
  • We have now seen almost six consecutive years of expansion, with growth that is broad-based across countries and sectors.  
  • Challenges remain in the form of low trend growth compared with other advanced economies.
  • Boosting productivity growth and ensuring the wide diffusion of technology is crucial to achieving a long-term increase in living standards in Europe.

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