Is the Eurozone finally recovering?

After a period of five months which has seen prices falling across all 16 EU member states it was today revealed that Eurozone inflation now stands at 0.6% for the 12 months to November. This is a marked turnaround from the previous few months which has seen more and more pressure on prices and more and more pressure on economies and businesses. So what does the future hold for the Eurozone?

While these figures were not unexpected, due to the fact that the Eurozone appears to have left the recession behind, it is always encouraging to see positive price inflation after such a difficult period. However, it would be easy to assume that demand is starting to pick up due to the fact that prices are starting to rise but like so many other "economic recoveries" around the globe, there is a need for caution.

One thing which is becoming more and more apparent is the overall strength of the Eurozone economy as a whole compared to the individual strength of EU member states. Many will see this as a positive sign for the future of the Eurozone, something which could attract more and more entrants.