BRUSSELS, 5 (Bloomberg) – Economic growth in the European Union (EU) is being driven by favorable winds, which consents revise estimates upward. in the euro area, GDP rises to + 1.5% (+ 0.2% over the winter estimates), according to forecasts published today by the European Commission
2016 , is expected to rise to 1.9%.
In the whole European Union (EU), ie the 28 countries that are part of the block, GDP is expected to increase this year by 1.8 % and 2.1% in 2016.
According to the Commission, the European economies are benefiting from a number of favorable factors such as oil prices, global sustained growth, the depreciation of the euro and the impact of EU policies that are favorable to recovery. Y8K / ACZ
05.05.2015 14:38
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