About: economic forecast

Economy & Jobs 09-11-2017

European economy beats expectations as risks decline

The European economy is enjoying a period of positive momentum as growth spreads across all member states, public accounts are expected to look healthier and risks are balanced for the first time in a long while, the European Commission concluded on Thursday (9 November).

Economy & Jobs 12-05-2017

EU to grow faster despite Brexit turmoil

The European Commission on Thursday (11 May) revised upwards its growth forecast for this year and the next, despite the difficult break-up negotiations expected between the EU and the UK, and the long list of challenges affecting the bloc.

Euro & Finance 15-02-2017

Commission: We ‘stuck our neck out’ assessing Trump’s plan

Experts welcomed the European Commission’s assessment of US President Donald Trump’s fiscal stimulus package despite the high level of uncertainty around the plan.

Euro & Finance 13-02-2017

Commission: Trump stimulus payment ‘gonna be huge’ but inconsequential

The European Commission predicted in its winter forecast €226 billion in additional spending as part of the fiscal stimulus promised by the new US government, but its economic impact will be “very low”.

Euro & Finance 13-02-2017

European recovery gains momentum despite ‘Trump effect’

The European Commission is expected to revise upwards its growth forecast for Europe on Monday (13 February), showing a marked improvement over its last outlook published hours after Donald Trump was elected US president.

Euro & Finance 05-02-2016

PIGS threaten EU’s growth prospects, Commission warns

Political turbulence in Portugal, Italy, Greece and Spain is once again threatening Europe's fragile economy, the European Commission warned in its latest economic forecast, published on Thursday (4 February).

[European Parliament/Flickr]
Euro & Finance 26-11-2014

OECD warns against austerity in the eurozone

The OECD has thrown its weight behind the argument for relaxing budgetary policy, a position championed in the eurozone by France and Italy. The European Commission is due to publish its judgements on the member states' budget bills on 28 November. EuActiv France reports

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Economy & Jobs 25-02-2014

EU forecasts mild economic growth, warns of high unemployment

'Recovery in the European Union is gaining ground'. With this message, EU commissioner Olli Rehn launched the bloc's winter economic forecast, showing higher growth in Europe than previously expected.
Speaking at the European Parliament on Tuesday, Rehn said that the 18 eurozone countries would grow by 1.2% this year and 1.8% in 2015.
But warning that signs of recovery are still 'modest', Rehn also highlighted that unemployment across the bloc remains too high.

Euro & Finance 06-11-2013

Commission confirms economic recovery in latest forecast

The European economy started to grow again in the second quarter of this year, after contracting in the first quarter, according to the Commission's Autumn European Economic Forecast, published on Tuesday (5 November).

Euro & Finance 22-02-2013

Weak growth makes eurozone falter in reining in deficit

Several eurozone countries are likely to miss deficit cutting targets because of a weak economy, the European Commission is expected to forecast today (22 February), but they may be granted extra leeway rather than face disciplinary action.

Central Europe 15-05-2012

Economists give Poland a thumbs up

The European Commission’s latest economic forecast ranked Poland as the fastest developing EU member state in 2012, although it revised the country's growth estimate downwards for 2013. But analysts appear much more optimistic than the EU executive and insist that the Polish economy will do even better next year.

Euro & Finance 10-05-2012

Brussels sees Spain missing budget targets

?Spain is set to miss its deficit reduction targets this year and next unless it takes new measures, the European Commission will forecast on Friday (11 May), but Madrid insists the targets will be met, Spanish and EU officials said.

EU sets yearly targets for growth in member states

To help countries get their budgets in sync, the European Commission on Wednesday (12 January) unveiled its first annual list of growth targets. Member states will use these benchmarks to jawbone nations with risky spending policies to change their flagrant ways.

Euro & Finance 14-09-2010

EU worries about renewed credit crunch

Despite the fact that the EU economy is expected to grow at a rate that is almost double the one forecast in the spring, access to bank credit remains tight for enterprises while constraints are predicted to last longer than previously anticipated, the European Commission said yesterday (13 September).