Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Press conference by Olli Rehn on the Spring 2013/2014 economic forecasts

2684 views

On 3 May 2013, Olli Rehn, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro, presented during a press conference the Spring 2013/2014 economic forecasts. Following the recession that marked 2012, the EU economy is expected to stabilise in the first half of 2013. GDP growth is projected to turn positive gradually in the second half of the year before gaining some traction in 2014. As domestic demand is still constrained by a number of impediments that are typical of the aftermath of deep financial crises, external demand is set to be the main growth driver this year. The headwinds on private consumption and investment are expected to abate gradually, making way for a modest domestically sustained recovery next year. This forecast remains based on the assumption that continued policy implementation will prevent a renewed intensification of the sovereign-debt crisis. Annual GDP growth this year is now forecast at -0.1% in the EU and at -0.4% in the euro area. For 2014, economic activity is projected to expand by 1.4% in the EU and 1.2 % in the euro area.
PHOTO LINK LINK SPEECH

Type: Complete press conference   Reference: I-077877   Date: 03/05/2013   Duration: 53:06
Personalities:   Rehn, Olli  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL

Tags: Economic policy | Economic situation | Finance
© European Union, 2013   /   Source: EC - Audiovisual Service
To download, please log in






Related videos

04:03 Extracts from the press conference by Olli Rehn on the Spring 2013/2014 economic forecasts
Extracts from the press conference by Olli Rehn on the Spring 2013/2014 economic ...
Ref: I-077878
Date: 03/05/2013
53:06 Press conference by Olli Rehn on the Spring 2013/2014 economic forecasts
Press conference by Olli Rehn on the Spring 2013/2014 economic forecasts
Ref: I-077877
Date: 03/05/2013

Related photos

Press conference by Olli Rehn, Vice-President of the EC, on the spring economic forecasts
Press conference by Olli Rehn, Vice-President of the EC, on the spring economic ...
Ref: 023184
Date: 03/05/2013
Video Player   Need some help?


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


Fri 23/06
European Commission - Upcoming events The news: The G20 Summit, under the German Presidency, takes place in Hamburg. The European Union will be represented by European Commission President Jean-Claude Juncker and European Council President Donald Tusk.
Fri 23/06
European Commission - Upcoming events The news: In June 2017, the European Commission will present its 8th monthly report on the progress made towards an effective and sustainable Security Union. The report will track the implementation of the various Commission work streams relating to security issues and will identify areas...
Fri 23/06
European Commission - Upcoming events The news: In June 2017, the European Commission will present a legislative proposal to strengthen the mandate of the EU Agency for the operational management of large scale IT systems (eu-LISA).
Fri 02/06
European Commission - Upcoming events The news: On 29 and 30 June, the College of Commissioners is travelling to Tallinn for its traditional visit to the incoming Presidency of the Council of the European Union, which in the second semester of 2017 will be held by Estonia.
Fri 23/06
European Commission - Commissioners' weekly activities Brussels, 23 June 2017 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 26 juin 2017 Transport, Telecommunications and Energy Council Mr Frans Timmermans receives Mr Werner Faymann, Special Envoy of the United Nations on Youth Employment and former Chancellor of...
Fri 23/06
European Commission - Press release Brussels, 23 June 2017 EU humanitarian aid boosts funding against cholera outbreak in Yemen The European Commission is scaling up its response to an unprecedented cholera outbreak in Yemen with an additional €5 million, bringing total EU support for efforts to tackle the disease to...
Fri 23/06
European Commission - Press release Brussels, 23 June 2017 Over the past 2 years, the EU and Lebanon deepened their partnership. In view of increasing challenges, notably due to the crisis in Syria, the EU stepped up its support to Lebanon, boosting socio-economic development, reinforcing cooperation on security, education, good...
Fri 23/06
European Commission - Press release Brussels, 23 June 2017 Today the European Commission is proposing to invest €2.7 billion in 152 key transport projects that support competitive, clean and connected mobility in Europe. In doing so, the Commission is firmly delivering on its Investment Plan for Europe and on Europe's connectivity...
Fri 23/06
European Commission - Fact Sheet Brussels, 23 June 2017 In the context of the Investment Plan for Europe, the Connecting Europe Facility (CEF) plays a major role in stimulating European growth and jobs by bridging the investment gap in Europe, one of the Commission's top priorities.
Fri 23/06
European Commission - Daily News Daily News 23 / 06 / 2017 Brussels, 23 June 2017 Protecting Europeans: European Council of 22-23 June focuses on security and borders, defence, trade and economic development At the meeting of the European Council of 22-23 June, EU leaders welcomed the encouraging return to...

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


Credit © European Union, 2017