The Eurozone economies have been struggling with high unemployment rates.
欧元区国家的失业率一直居高不下。
Despite the recent economic downturn, the Eurozone's GDP has shown resilience.
尽管近期经济衰退，欧元区的GDP显示出了韧性。
One of the main challenges for the Eurozone is maintaining price stability.
维持价格稳定是欧元区面临的重大挑战之一。
The Eurozone countries have implemented various fiscal policies to stimulate their economies.
欧元区国家实施了各种财政政策来刺激其经济。
The Eurozone faces the risk of deflation due to low inflation rates.
由于通货膨胀率低，欧元区面临通货紧缩的风险。
The European Central Bank plays a crucial role in setting monetary policy for the Eurozone.
欧洲中央银行在制定欧元区货币政策中扮演着关键角色。
The Eurozone's banking system has undergone significant reforms following the financial crisis.
在金融危机之后，欧元区的银行业体系进行了重大改革。
There is ongoing debate about the benefits and drawbacks of the Eurozone's single currency.
关于欧元区单一货币的好处和弊端，存在着持续的辩论。
Integration within the Eurozone has led to increased trade among its member states.
欧元区内成员国之间的整合导致了贸易量的增加。
The Eurozone's debt crisis in 2010-2012 highlighted the need for stronger fiscal discipline.
的欧元区债务危机凸显了加强财政纪律的必要性。
Wang Yiming, vice-chairman of the China Center for International Economic Exchanges, said China's 2023 GDP is significantly higher than that of major economies, including the United States, the eurozone and Japan.
Wang Yiming, vice-chairman of the China Center for International Economic Exchanges, said most institutions forecast China's GDP will rise by around 5.2 percent this year, significantly higher than that of major economies, including the United States, the eurozone and Japan.
"The growth rate also outpaces economies such as the United States, the eurozone economy, Japan, Brazil, Russia and South Africa, maintaining a leading position among the world's major economies.
China's core inflation in the second quarter of 2023 was 0.3 percent, compared with 4.6 percent in the eurozone and 4.7 percent in the US, according to the latest IMF statistics.
Citing BCA Research, Xie said China has been the source of more than 40 percent of global growth over the past decade, compared with 22 percent from the US and 9 percent from the eurozone.
In particular, the manufacturing PMI of the eurozone and the UK continued to dip in May, down 1.2 and 0.9 points, respectively, from the previous month, which bodes ill for sustaining global growth momentum.
The risk of recession in the United States is relatively low at present, but the odds are high for the eurozone and the United Kingdom to enter a recession or even negative growth in 2023.
During the first 11 months of 2022, the inflation rate, as measured by the consumer price index, was 8 percent in the United States, 8.4 percent in the eurozone and 8.9 percent in the UK, sparking public complaints and protests.
For example, US growth will slow to 1.4 percent in 2023 as Federal Reserve interest-rate hikes work their way through the economy, and the growth is expected to bottom out at 0.7 percent this year in the eurozone, where conditions are more challenging despite signs of resilience to the energy crisis, a mild winter and generous fiscal support.
Gourinchas noted that India and China will account for half of global growth this year, versus just a 10th for the US and eurozone combined.
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