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Winter Economic Forecast: outlook improved but risks remain

EU News 26/2015

Brussels, 05 February 2015

For the first time since 2007, the economies of all European Union Member States are expected to grow again this year, according to the European Commission's winter forecast. Over the course of this year, economic activity is expected to pick up moderately in the EU and in the euro area, before accelerating further in 2016. Growth this year is forecast to rise to 1.7% for the EU as a whole and to 1.3% for the euro area. In 2016, annual growth should reach 2.1% and 1.9% respectively, on the back of strengthened domestic and foreign demand, very accommodative monetary policy and a broadly neutral fiscal stance.

Source and additional information:

European Economic Forecast, Winter 2015 (C)EU, 2015 URL