The European economy has been recovering moderately, with business and household sentiment continuing to improve, although the employment and income situation remains severe. The Chinese economy continues to see relatively stable growth, albeit at a somewhat lower level than before.
I am not sure about that. But all options to deal with impaired assets should be carefully examined. 2  BIS Review 52/2009  Does the euro ensure stability in the financial crisis or are weak countries such as Ireland and Greece proving to be a burden? The euro ensures a very high level of stability.