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Europe Daily Bulletin No. 11308

6 May 2015
ECONOMY - FINANCE - BUSINESS / (ae) economy
Commission welcomes green shoot of recovery

Brussels, 05/05/2015 (Agence Europe) - On Tuesday 5 May, the European Commission increased its growth forecasts for 2015 and 2016.

Unveiling the European Commission's Spring Economic Forecasts, the EU Economic and Financial Affairs Commissioner, Pierre Moscovici, said that the green shoots of recovery had arrived and a strong 'supporting wind' was boosting recovery in Europe thanks to external factors such as low oil prices, the fall in the value of the euro, supportive monetary policy from...