Are EU economic indicators a true reflection of Europe?

It's fair to say the questions of doubt over Eurozone leaders ability to steer the free economic zone clear of the dangers has been spoken ad nauseam from critics who insist the stark differences in ideology amongst member nations would lead to a break up. We've already seen the United Kingdom hold the first referendum asking its citizens to decide whether they wish to stay or leave the Eurozone Agreement.

But behind this current backdrop swirling through market sentiment is a tattered past littered with political discontent that's driven the major players within the European bloc to show face in light of market fears when divorce seems imminent. Needless to say each crisis produces an element of inconclusive resolve that's so much needed in finding a concrete solution around long term sustainability.

However the survival of this doomed currency union has only been kept alive with the aid of artificial economic stimulus in the form of a loose monetary policy involving consecutive rounds of quantitative easing that's only achievement being the presence of excess liquidity in the economy with hardly any uptick in activity.      

#Germany ≠ #France! German consumer #confidence rise to the highest level since at least 2005. pic.twitter.com/rEB915wmsw

— jeroen blokland (@jsblokland) August 26, 2016

The existing trend surrounding consumer confidence between the two biggest economies in the Eurozone, namely France and Germany, leaves many wondering how this indicator continues to defy logic besides the region being in perpetual crisis.

Although its important to note that the figures presented in the chart above have an oscillating nature by moving between negative and positive values with the position of the overall Eurozone consumer confidence index lying below zero indicating some degree of pessimism, the explicitly seen uptrend in both these charts leaves more questions than answers.