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The decrease in oil prices and development policies support Eurozone recovery

ERNST & YOUNG SRL

18 Mar 2015

After a year of hesitant recovery in 2014, the Eurozone moves into 2015 supported by two important growth drivers: sharply lower oil prices and quantitative easing.These factors will help GDP growth to accelerate.

But despite the improving near-term outlook, Eurozone growth will still be only 1.6% a year in 2017–19, as it is held down by a number of structural constraints.

The data that underpins our analysis, including forecast assumptions and cross-country comparison tables.

For more information, please see the attached file or the Romanian version of the article, here

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ERNST & YOUNG SRL

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