Spring 2014 forecast: Growth becoming broader-based

EU News 202/2014

IP/14/513
Brussels, 5 May 2014

The European Commission's spring forecast points to a continuing economic recovery in the European Union following its emergence from recession one year ago. Real GDP growth is set to reach 1.6% in the EU and 1.2% in the euro area in 2014, and to improve further in 2015 to 2.0% and 1.7% respectively. The forecast rests on the assumption that the agreed policy measures will be implemented by Member States and the EU, taking forward the necessary adjustment.

Source and additional information:
http://europa.eu/rapid/press-release_IP-14-513_en.htm?locale=en

• Tweet