Already battered by a debt crisis in 2011 and fears of further stagnation, Europe's governments and investors will be nervously awaiting growth figures due Friday to see whether the euro zone is once again on the edge of recession.
In the second quarter of 2013, the 18-country bloc that uses the euro managed to post positive growth for the first time since 2011. However, the road since has been uneven and rocky with diminishing demand plaguing the region alongside geopolitical concerns with tensions in the eastern part of Ukraine.
Economists at French bank Credit Suisse see no sign that the area will move out of a low gear, despite the European Central Bank looking to add more stimulatory measures to boost lending.
"Survey indicators may be bottoming, but hard data suggest the recovery is still insipid," analysts at the bank said in a research note this week. They predict that Friday's number will show gross domestic product (GDP) edging higher by just 0.1 percent from the quarter before, after a flat figure for the previous period.