The euro area economy will grow more slowly in 2007 than that in 2006.It will keep strong growth in 2008 because of the following facts：The private consumption will be expanded.Non-financial corporations have strong impulsion to invest.European Central Bank will be able to deal with the shocks from American sub-prime mortgage bonds crisis.The rapid growth of China and India will provide external demand for euro area.The reform of labor market and the increase of productivity will drive euro area to grow.