European Commission Spring 2015 Economic Forecast released
The European Commission released its Spring 2015 Economic Forecast. According to the same source economic growth in the European Union is benefitting from positive economic tailwinds. According to the European Commission’s Spring 2015 Economic Forecast, these short-term factors are boosting an otherwise mild cyclical upswing in the EU.
Europe’s economies are benefitting from many supporting factors at once. Oil prices remain relatively low, global growth is steady, the euro has continued to depreciate, and economic policies in the EU are supportive.
For an interactive map, country forecasts and other macroeconomic indicators please click here