Wednesday

24th May 2017

Ticker

EU economic recovery to pick up pace, says commission

The EU's economic recovery will gather speed in 2014 and 2015, the European Commission forecast Tuesday. Economic affairs commissioner Olli Rehn said that the EU economy would grow by 1.5 percent in 2014 and 2 percent in 2015. Only Cyprus and Slovenia are expected to remain in recession in 2014.

News in Brief

  1. Pressure grows on climate impact of EU timber harvesting
  2. US goes after Fiat Chrysler over emissions cheat
  3. Munich police break up Europe-wide burglar clan
  4. Report: VW threatened with €19.7 billion French fine
  5. Turkey begins mass trial of suspected coup leaders
  6. Merkel's CDU consolidates lead in polls
  7. France to host Russian president
  8. Switzerland votes against nuclear power

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