Navigation path

Login   |   Register
 

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Extracts from the press conference by Olli Rehn, the autumn economic forecasts for 2013-2015

347 views

On 5 November 2013, Olli Rehn, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro, gave a press conference on the autumn economic forecasts for 2013-2015. Growth in the second half of 2013 was expected at 0.5 % compared to the same period in 2012 in the EU. On an annual basis, real GDP growth this year was estimated at 0.0 % in the EU and -0.4 % in the euro area. Looking ahead, economic growth was forecast to gradually gather pace over the forecast horizon, to 1.4 % in the EU and 1.1 % the euro area in 2014, reaching 1.9 % and 1.7 % in 2015, respectively. Internal and external adjustment in Europe was continuing, underpinned in many cases by the significant structural reforms and fiscal consolidation implemented in recent years. This has improved the conditions for domestic demand to gradually become the main engine of growth in Europe. However, against the background of a weakened outlook for emerging market economies, the return to solid growth would be a gradual process.
PHOTO SHOTLIST LINK INFO PRESS

Type: EbS   Reference: I-083171   Date: 05/11/2013   Duration: 08:49
To download, please log in



Related media

Press conference by Olli Rehn, Vice-President of the EC, on the autumn economic ...
Ref: P-024288/00-01
Date: 05/11/2013
Extracts from the press conference by Olli Rehn, the autumn economic forecasts ...
Ref: I-083171
Date: 05/11/2013
I-082620 Conférence de presse d'Olli Rehn, sur les prévisions économiques d'automne pour ...
Ref: I-082620
Date: 05/11/2013

New Video Player (Version 1)
More info

Press packs


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, 2014