“The European economy is starting to turn the corner. We expect growth of 1.4% in the EU in 2014 and 1.1% in the Euro Area. But as today’s disappointing industrial production data reminds us, much more needs to be done to create a path to long-term sustainable growth. Governments and the EU must take sufficient action to reduce the macroeconomic imbalances that have contributed to the recent economic crisis.”
The 1.4% growth for the EU is still far below the level necessary for raising living standards and reduce unemployment. He also said the forecast underlines the need for faster structural reforms and greater priority to economic competitveness
Markus J. Beyrer,Director general
BusinessEurope's Economic Outlook
The 1.4% growth for the EU is still far below the level necessary for raising living standards and reduce unemployment. He also said the forecast underlines the need for faster structural reforms and greater priority to economic competitveness
Markus J. Beyrer,Director general
BusinessEurope's Economic Outlook
