With all eyes on the European Central Bank’s hints that it may start to taper its quantitative easing programme at its October meeting, the sustainability of this year’s years pick up in Eurozone growth rates will be increasingly focused upon. The ECB revised up its Eurozone growth forecast to 2.2% for 2017, and there is a strong sense that Europe has turned the corner and will continue to recover. Forecasts from the International Monetary Fund (IMF) show that the bigger economies of Germany and France will grow reasonably at close to 1.5% in 2017. However, it is the smaller economies of Spain, Ireland and Greece, where the Eurozone crisis hit hardest, that show the most cheer with growth rates exceeding 2%. There is a sense of economic optimism in the Eurozone at the moment and if this continues forecasts will need to be revised up further.