Brussels, 3 May 2016 European Commission - Press release
Spring 2016 Economic Forecast: Staying the course amid high risks
Commission forecasts euro area growth of 1.6% and EU growth of 1.8% in 2016
Economic growth in Europe is expected to remain modest as key trading partners' performance has slowed and some of the so far supportive factors start to wane. As a result, GDP in the euro area is forecast to continue growing at modest rates over the 2015-2017 period.