05.05.2015 - The European Commission has improved the euro area GDP growth forecasts to 1.5%
Today, the European Commission published a forecast for economic growth in the region. Thus, low oil prices and stimulating measures by the central bank of the euro area improved expectations of experts with respect to growth this year. At the same time, among the negative factors that were marked are high unemployment, high debt burden for corporations and countries, as well as low investment. The leaders of growth among the countries of the euro area will be Ireland and Spain, which can grow respectively by 3.6% and 2.8% this year. At the same time, the forecast for GDP growth in the euro area has been raised to 1.5%, against the February forecast of economic expansion of 1.3%. We keep our positive medium-term outlook for the stock markets in the region, but note the possible negative impact of the Greek crisis on the dynamics of the markets in the coming month.