According to the European Commission press release, the European economy is forecast to continue expanding for the seventh year in a row in 2019, with real GDP expected to grow in all EU Member States. As global uncertainties continue to weigh, domestic dynamics are set to support the European economy. Growth is expected to gather pace again next year.
Continuă lectura „Spring 2019 Economic Forecast”
In March, the European Council endorsed proposed policy priorities and guidance for the 2018 European Semester made by the Commission. These priorities were defined as boosting investment, pursuing structural reforms, and ensuring responsible fiscal policies. Following this step, each member state presented their national reform programmes for economic policies and stability programmes for their fiscal policies in April. On 22nd of June 2018, the European Council approved recommendations and opinions on the member states’ economic and fiscal policies for 2018.
