Wednesday

24th Aug 2016

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.

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