Slow economic recovery may start in Europe in the second part of this year
The European Union’s economy is currently in a mild recession, but in the second half the slow recovery from the crisis is expected to begin – projects the European Commission in its spring economic forecast published on Friday.
The report pointed out that Europe's economic performance declined at the end of last year. While there is still a great uncertainty can be experienced in the economic and financial prospects, thank to the EU’s strong policy steps, and due to the significant developments of EU’s institutional, financial market tensions have easened during the spring and the further strenghtening of confidence is expected in the future. (MTI)
Related news
Related news
EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Another problem could cause food prices to rise
Latin American agriculture could face serious consequences if the United…
Read more >