The EU executive raised its growth projections across the Union to 1.6 percent for 2014, while its forecasts for the eurozone remain unchanged at 1.2 percent.
Neighbouring Baltic states Latvia and Lithuania are forecast to be the top-performing economies this year, achieving growth rates of 3.8 percent and 3.3 percent, respectively. Lithuania will become the 19th country to join the eurozone in January.
Siim Kallas, who is covering Olli Rehn's economic affairs portfolio while Rehn...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.