Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015

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Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015

Economy 05/02/2015 - 14:10

In its winter economic forecasts the European Commission (EC) underscores that political uncertainty is affecting confidence and may dent the speed of recovery in Greece.

In addition, export growth is seen outpacing that of imports in both years. The former is forecasted at 5.6 percent in 2015 and 4.8 percent in 2016 and the latter at 4 and 3.5 percent respectively.

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