IMF 2007, 2010, 2015 forecasts for the euro area GDP

Several forecasts predict GDP growth of 1.6% (2016) to 1.9% (2017) for the euro area. However, given the downward shift in GDP forecasts by the year 2020 (see Figure 1), it will be hard to make up for the output
losses incurred since the crisis began and return to the pre-crisis growth path.