Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR










Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013

Olli Rehn, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro, gave a press conference on the spring economic forecasts for 2012-2013.
Following the output contraction in late 2011, the EU economy was estimated to be in a mild recession. While uncertainty about economic and financial prospects remained high, strong policy actions and major advancements in the EU institutional framework had brought about an easing of financial market tensions in the beginning of 2012 and a tentative stabilisation of confidence, expected to further strengthen over the forecast period.
For 2013, growth was forecast at 1.3% in the EU and 1.0% in the euro area. Unemployment was expected to remain high at 10% in the EU and 11% in the euro area over the forecast period. Inflation was set to moderate gradually as the impact of higher oil prices and tax increases faded away. Fiscal consolidation was forecast to progress, with public deficits in 2013 declining to 3.3% in the EU and just below 3% in the euro area.
The economic situation differed considerably across Member States, also in view of the ongoing adjustment to the large disparities in external positions and structural conditions that have come to the fore over the past years.
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn at the podium
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn at the podium
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn at the podium
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn at the podium
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn at the podium
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn, on the left, and Amadeu Altafaj Tardio, Spokesperson of Olli Rehn
Reference: P-020877
Date: 11/05/2012
Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Olli Rehn
Reference: P-020877
Date: 11/05/2012

Related photos

Press conference by Olli Rehn, Member of the EC, on the spring economic forecasts for 2012-2013
Press conference by Olli Rehn, Member of the EC, on the spring economic ...
Ref: 020877
Date: 11/05/2012



Related videos

49:19 Press conference by Olli Rehn on the spring economic forecasts
Press conference by Olli Rehn on the spring economic forecasts
Ref: I-073316
Date: 11/05/2012
02:51 Extracts from the press conference by Olli Rehn on the spring economic forecasts
Extracts from the press conference by Olli Rehn on the spring economic forecasts
Ref: I-073317
Date: 11/05/2012




You don't find what you are looking for? Ask us!


Sat 13/01
European Commission - Upcoming events The news: On 1-2 February 2018, the Directorate-General for Informatics, the IT Department of the European Commission, organises the first Open Project Management (PM²) Conference to present ways the free and open project management methodology  - developed by the Commission in 2007 - can enable...
Fri 19/01
European Commission - Upcoming events The news: On 25 January, Tibor Navracsics, Commissioner for Education, Youth, Culture and Sport will host the first-ever European Education Summit with the theme of "Laying the foundations of the European Education Area: for an innovative, inclusive and values based education".
Fri 19/01
European Commission - Upcoming events The news: In January 2018, the European Commission is presenting its 13th report on the progress made towards an effective and genuine Security Union. The report will track the implementation of the various Commission work streams relating to security issues and will focus on areas...
Wed 17/01
European Commission - Upcoming events The news: On Friday 19 January, the EU-China Tourism Year (ECTY) will be launched at the Doge's Palace in Venice. This initiative provides a unique opportunity to increase the number of visits, promote sustainable tourism, stimulate investment opportunities for Europe and China, and underpin the...
Fri 19/01
European Commission - Commissioners' weekly activities Brussels, 19 January 2018 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 22 janvier 2018 Foreign Affairs Council, in Brussels Eurogroup, in Brussels President Jean-Claude Juncker receives Mr Mário Centeno, Minister for Finance of Portugal and President of the Eurogroup.
Fri 19/01
European Commission - Press release Brussels, 19 January 2018 In a final push to find solutions to address the serious problem of air pollution in the European Union, Commissioner for Environment, Karmenu Vella has invited ministers from 9 Member States to convene in Brussels on Tuesday, 30 January.
Fri 19/01
European Commission - Press release Brussels, 19 January 2018 The report published today jointly by the European Commission and the European External Action Service shows the positive impact of the European Union's duty-rebate schemes on developing economies.
Fri 19/01
European Commission - Press release Brussels, 19 January 2018 The third evaluation of the Code of Conduct on countering illegal online hate speech carried out by NGOs and public bodies released today shows that IT companies removed on average 70% of illegal hate speech notified to them.
Fri 19/01
European Commission - Fact Sheet Brussels, 19 January 2018 Questions and answers What is GSP? Generalised Scheme of Preferences (GSP), consisting of the three arrangements Standard GSP, GSP+ and Everything But Arms (EBA), is the EU's trade preference programme for vulnerable developing countries.
Fri 19/01
European Commission - Fact Sheet Brussels, 19 January 2018 The third evaluation of the Code of Conduct on countering illegal online hate speech carried out by NGOs and public bodies released today shows that IT companies removed on average 70% of illegal hate speech notified to them.

Go to useful links page Useful links


Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page