In fact, the consumer price inflation of 0.5% that was announced recently means no danger, whatsoever. The slow price index growth in the eurozone is not the cause of troubles. It's just a symptom. What is more problematic is this:
These times are long gone, of course. The present day eurozone is a conglomerate of overtaxed and overburdened semi-socialist states with a potential product close to zero. How very sad.