Brussels, Belgium. (EFE) .- The economic growth in the eurozone rose in 2015 to 1.5%, which approached 2011 levels and recorded the best performance in four years, which may however be truncated this year by the slowdown in emerging economies and other political, economic and financial risks.
the whole of the European Union ended last year with an increase of 1.8% of GDP, identical to the 2011 rate, according to data from the time series provided to Efe by EU statistics agency Eurostat.
That office, based in Luxembourg, announced today its first estimates on the closure and the fourth quarter of 2015, in which the eurozone economy grew by 0.3%, the same as the set of twenty-eight .
a spokesman for the European Commission (EC) acknowledged that the quarterly data reflects an evolution “slightly below expectations” of Brussels, both the euro area and the EU.
Leading Eurostat put the GDP of both blocks at the end of last year, 0.1 percentage points below the macroeconomic projections of the EC published a week ago.
in the case of Spain, GDP advanced 0.8% in the fourth quarter, the same percentage as the third, and the annual balance Eurostat reported growth of 3.5%.
the data passed by the National Institute of Statistics (INE), places the growth of the Spanish economy for the whole of 2015 at 3.2% of GDP, one of the best data, as noted today the Minister of economy and Competitiveness in office, Luis de Guindos.
“the Spanish economy is moving at a cruising speed” close to 3.5%, reiterated after participating in a meeting of European ministers of economy and Finance.
of the EU countries, Slovakia had an annual figure of 4.0% of GDP, Romania and Poland 3.8% from 3.6%, while Bulgaria recorded 3.1%, but the major economies of the eurozone, Spain is, along with Ireland, in the head.
Germany grew by 0.3% in the fourth quarter and ended the year with a rise of 1.7%, according to data released today by the Federal Department of Statistics .
the French economy grew by 0.2% and obtained a growth of 1.3%, according to Eurostat, while the Italian progressed tenth less and ended the year with an increase of GDP of 1.0% in annual terms.
the UK, meanwhile, it evolved at the rate of 0.5% in the fourth quarter and annual GDP rose 1.9%.
on the negative side of the balance sheet came to Greece and Finland, two countries into recession.
the Greek GDP contracted by 0.6% between October and December, compared with the same quarter of 2014 decreased 1.9%.
in the case of Finland, the economy dropped by 0.1% and 0.2% annual GDP, but bear in mind, according to De Guindos, the effects of sanctions on Russia over there.
If the data in Europe compared with other major economies, the EU now stands up to the United States, which recorded an annual figure of 1.8% of GDP after rising 0.2% in the last quarter of 2015.
While maintaining a cautious optimism and project that the EU economy will grow this year and next, EC also known that make it less than originally and always expected at a moderate pace.
what predicts are more pronounced economic and political risks, ranging from the slowdown in China to the impact of the crisis refugee or security threats.
the latest macroeconomic forecasts have made clear that Europe is currently living between two extremes and “risk involved.”
on the one hand, factors benefiting growth are stronger and last longer than predicted a few months ago, such as low oil prices, the exchange rate of the euro under which favors exports or accommodative policies of the European Central Bank.
on the other hand, the EU economy continues to sail against “crosswinds, which gain in strength” in the words of the European Commissioner for Economic and Financial Affairs, Pierre Moscovici.
These increasingly pronounced risks They come mainly from the slowdown in emerging economies, a concern which has been joined by a concern for the health of European banks, which is reflected in the current market volatility.
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