Latest eurozone GDP figures
CNN's Richard Quest talks with Olli Rehn Vice President, European commission.
Finding more positive data is certainly welcome,but there is no room for complacency whatsoever.I hope there will be no premature decorations of subsesting that the crisis is over because we still have many obstacles and many challenges,relatively low growth and high unemployment in many parts of Europe.
The temptation will be for many people to say,well,yes,things are slowly getting back to normal,we can ease off the changes that need to be made.
I think that could be a dangerous sentiment because as I have said we have very substantial challenges with high unemployment in many parts of Europe and still relatively molested growth.Nevertheless,it is important that this recent data seem to indicate that the recession is now ending and European economy is gaining momentum.
The truth is that you now have to warn governments,don't you?Don't get involved in the nasty political mess.Don't back-track and make sure you keep moving forward.And best of all,don not scramble among yourselves at this crucial moment.That's really what you are saying,isn't it?
That's the equality and we are always said to be encouraging managing that support the 28 European teams of umember states to continue pursue economy reform and to balance their public finances and to rebuild the economy union.I think we are on the right track now,but also censor that we do maintain the momentum of economic reform and we don't give up because any kind of ungrounded sense of complacency.