France is coming closer to the danger zone, and even Germany’s annual GDP growth is falling well below 1% per year. In the meantime, the easing of sovereign interest-rate spreads provides little comfort to the growing army of unemployed in southern Europe, where youth unemployment has reached dramatic heights – close to 60% in Greece and Spain, and almost 40% in Italy.
特别是欧洲，它需要带来长期希望的故事，触发真正的复苏。法国正在接近危险区，甚至德国的年GDP增长也会大大低于每年1%。与此同时，主权利差的放松并没有让南欧日渐庞大的失业大军更好过——年轻人失业纷纷达到了极高的数字，希腊和西班牙接近60%，意大利接近40%。