By and and  on May 21, 2014

LONDON — The light at the end of Europe’s dark economic tunnel is bursting into view, with the region’s biggest economies back on a growth track, consumer sentiment perking up, unemployment stabilizing and recovery set to be broad-based in the region by 2015.

While Europe may be shedding its skin of austerity and stagnation, fears for the future remain: A strengthening Europe with record-low interest rates has created a mighty pound, euro and Swiss franc, which is proving disastrous for exporters, while concerns remain about China’s slowing economy, the crisis in Ukraine and the future of monetary stimulus measures.

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