Only decisive action to implement structural reforms can make the euro area a more dynamic economy and raise the welfare of its citizens. Furthermore, better functioning markets should also foster capital and labour mobility as well as price adjustments in reaction to changing economic circumstances, thereby dampening economic fluctuations and reducing regional differences within the euro area.
A quarter century of growth with stability (1980-2005)  The Indian economy has been growing at an average growth rate of about 6.0 per cent over a period of 25 years since 1980-81 (India’s fiscal year is from 1st April to 31st March).