ECB paints rosy picture for the future

Though the banking crisis has caused uncertainty, the eurozone looks set to continue growing in the medium term, according to the latest edition of the European Central Bank's (ECB) Monthly Bulletin.

The ECB said: "Corporate earnings and profitability have been sustained, employment growth has been robust and unemployment has fallen."

Over the summer, the economy continued to grow at a similar pace to the first half of the year, the report said. Consumer and business confidence decreased in

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