Nevertheless, these positive developments in the financial sphere have not transferred fully into the economic sphere. The economic situation in the euro area remains difficult. The euro area exited recession in the second quarter of 2013, but underlying growth momentum remains weak. Unemployment is only falling very slowly. And confidence in our overall economic prospects is fragile and easily disrupted, feeding into low investment.
According to this survey, four in five Europeans support further actions at the European level to reduce our energy dependency on Russia, increase our resilience by investing in renewable energies and energy efficiency, and take joint action to limit the impact on those who are suffering the most. 19.