Navigation path

Login   |   Register
 

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Extracts from the press conference by Olli Rehn on the Spring 2013/2014 economic forecasts

136 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 SHOTLIST LINK LINK

Type: EbS   Reference: I-077878   Date: 03/05/2013   Duration: 04:03
To download, please log in



Related media

Press conference by Olli Rehn, Vice-President of the EC, on the spring economic ...
Ref: P-023184/00-01
Date: 03/05/2013
Press conference by Olli Rehn on the Spring 2013/2014 economic forecasts
Ref: I-077877
Date: 03/05/2013
Extracts from the press conference by Olli Rehn on the Spring 2013/2014 economic ...
Ref: I-077878
Date: 03/05/2013
Video Player   Need some help?


 
 
Investment plan


Wed 03/06
European Commission - Press release Brussels, 03 June 2015 On 4-5 June 2015, the European Commission's First Vice-President Frans Timmermans will visit Bulgaria and Romania. On 4 June 2015 he will exchange views with 750 Bulgarian and Romanian citizens in a cross-border citizens' dialogue in the Danube town of Ruse,...
Wed 03/06
European Commission - Press release Brussels, 03 June 2015 The European Commission today unveiled a major partnership with the Bill & Melinda Gates Foundation and announced new funding to tackle the global challenge of undernutrition.
Wed 03/06
European - Press release Commission Brussels, 03 June 2015 The European Commission today set out the actions it intends to take in response to the 'Stop Vivisection' European Citizens' Initiative (ECI). Whilst, the Commission does share the conviction that animal testing should be phased out in Europe, its approach for...
Wed 03/06
European Commission - Press release Brussels, 03 June 2015 Nearly 15% of birds in the EU are threatened with extinction, as well as 7.5% of all marine fish species in European waters, according to new reports published today by the European Commission.
Wed 03/06
European Commission - Daily News Daily News 03 / 06 / 2015 Brussels, 03 June 2015 Commission replies to "Stop Vivisection" European Citizens' Initiative  The European Commission today set out the actions it intends to take in response to the 'Stop Vivisection' European Citizens' Initiative (ECI).
Wed 03/06
European Commission - Speech - [Check Against Delivery] 03 June 2015 Jonathan Hill European Commissioner for financial stability, financial services and capital markets union Joint ESAs consumer protection day Frankfurt, 3 June 2015 Good morning, ladies and gentlemen.
Wed 03/06
European Commission - Speech - [Check Against Delivery] Riga, 03 June 2015 I would like to congratulate the Latvian Presidency for hosting a very successful Ministerial meeting, which has reaffirmed the strong cooperation between the European Union and the United States of America on Justice and Home Affairs.
Wed 03/06
European Commission - Speech - [Check Against Delivery] Speech Speech Brussels, 03 June 2015 Roundtable debate on the environmental goods agreement - promoting the EU environmental objectives through trade Good afternoon, ladies and gentlemen, I am delighted to be with you. This event is very timely.
Wed 03/06
European Commission - EUROSTAT Brussels, 03 June 2015 The euro area (EA19) seasonally-adjusted unemployment rate was 11.1% in April 2015, down from 11.2% in March 2015, and down from 11.7% in April 2014. The EU28 unemployment rate was 9.7% in April 2015, stable compared with March 2015 and down from...
Wed 03/06
European Commission - EUROSTAT Brussels, 03 June 2015 In April 2015 compared with March 2015, the seasonally adjusted volume of retail traderose by 0.7% in the euro area (EA19) and by 0.6% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

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, 2015