European Economic Forecast. Spring 2019

Author (Corporate)
Publisher
Series Title
Series Details Number 102
Publication Date May 2019
ISBN 978-92-79-98849-3
ISSN 2443-8014
EC KC-BC-19-009-EN-N
Content Type

Summary:

The European Commission published on 7 May 2019 its Spring economic forecast for the European Union (EU) and the Eurozone.

Further information:

The European economy is forecast to continue expanding for the seventh year in a row this year, with real GDP expected to grow in all EU Member States. The slowdown in global growth and world trade, together with high uncertainty about trade policies, weighted on prospects for Gross Domestic Product (GDP) growth in 2019 and subsequent year. The continued weakness of the manufacturing sector also plays a role, especially in those countries encountering specific problems in the automobile industry.

Source Link https://ec.europa.eu/info/publications/european-economic-forecast-spring-2019
Alternative sources
  • https://ec.europa.eu/info/sites/info/files/economy-finance/ip102_en.pdf
  • http://publications.europa.eu/publication/catalogue_number/KC-BC-19-009-EN-N
Related Link(s)
News
Politico, 07/05/2019: Trade tensions push down eurozone economic forecast https://www.politico.eu/article/trade-tensions-push-down-eurozone-economic-forecast/
Kathimerini, 07/05/2019: EU cuts economic forecasts over trade uncertainty http://www.ekathimerini.com/240193/article/ekathimerini/business/eu-cuts-economic-forecasts-over-trade-uncertainty
The Irish Times, 07/05/2019: State’s GDP growth to slow to 3.8%, EU forecast warns https://www.irishtimes.com/business/economy/state-s-gdp-growth-to-slow-to-3-8-eu-forecast-warns-1.3883519
Reuters, 07/05/2019: Euro zone economy to rebound next year, but inflation won't accelerate: EU Commission https://www.reuters.com/article/idUSKCN1SD1BO
Reuters, 07/05/2019: Italy accuses EU of prejudice after grim economic forecasts https://uk.reuters.com/article/idUKKCN1SD1W7
France24, 07/05/2019: EU cuts eurozone growth forecast as Italy debt soars https://www.france24.com/en/20190507-eu-cuts-eurozone-growth-forecast-italy-debt-soars
ANSA, 07/05/2019: EC cuts Italy 2019 GDP forecast to 0.1% http://www.ansa.it/english/news/politics/2019/05/07/ec-cuts-italy-2019-gdp-forecast-to-0.1_f842fa90-8d76-46ef-b7cd-7e0f0bc241a4.html
The Guardian, 07/05/2019: Trade war and Brexit pose mounting risk to EU economy, says EC https://www.theguardian.com/world/2019/may/07/trade-war-and-brexit-pose-mounting-risk-to-eu-economy-says-ec
ERR News, 08/05/2019: European Commission raises 2019 economic growth forecast to 2.8 percent https://news.err.ee/937316/european-commission-raises-2019-economic-growth-forecast-to-2-8-percent
EurActiv, 08/05/2019: Slowing growth: EU countries urged to further adjust spending https://www.euractiv.com/section/economic-governance/news/commission-urges-italy-spain-france-and-belgium-to-adjust-further-their-spending/
EUObserver, 08/05/2019: Italy on course for new EU budget clash https://euobserver.com/economic/144838
EurActiv, 08/05/2019: Italy accuses EU of prejudice after grim economic forecasts https://www.euractiv.com/section/economy-jobs/news/italy-accuses-eu-of-prejudice-after-grim-economic-forecasts/

Official
European Commission: Spring 2019 Economic Forecast: Growth continues at a more moderate pace https://ec.europa.eu/info/business-economy-euro/economic-performance-and-forecasts/economic-forecasts/spring-2019-economic-forecast-growth-continues-more-moderate-pace_en
European Commission: Press Release, 07/05/2019: Spring 2019 Economic Forecast: Growth continues at a more moderate pace http://europa.eu/rapid/press-release_IP-19-2388_en.htm
European Commission: Commissioner Moscovici's remarks presenting the Spring 2019 Economic Forecast http://europa.eu/rapid/press-release_SPEECH-19-2431_en.htm

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