After two years of GDP decrease, the Euro Zone expects a growth of 1.1% in 2014, followed by an increase of up to 1.5% in 2015 and a slightly more rapid rhythm during 2016 – 2018, according to the summer edition of ‘EY Eurozone Forecast’ (EEF). The intensification of exports and the gradual comeback of internal demand will generate a modest rise in investments.
Despite this, the threat of deflation will persist. Inflation in the Euro Zone dropped to 0.5% in May 2014.
For more information, please see the Romanian version of the article, here.
