Bloomberg quotes research results from The Euro Plus Monitor Spring 2016 Update, the latest instalment of the bi-annual competitiveness ranking of 18 eurozone countries published by the Lisbon Council and Berenberg. It writes, “An aggregate indicator of the “reform drive” of the region fell to 3.3 in 2015 from 4.3 the previous year, according to a study by the Lisbon Council, a think tank, and Berenberg bank.”