Arab Today, arab today euro area economy is improving
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Euro area economy is improving

Arab Today, arab today

Arab Today, arab today Euro area economy is improving

Brussels - KUNA

The Finance Ministers of the 18-member Euro group met in Brussels this evening and discussed their economic situation. Speaking at a press conference after the meeting, Jeroen Dijsselbloem, President of the Eurogroup said that "the economic outlook of the Euro area is improving. "Euro area real GDP growth is picking up in recent quarters, and economic activity is expected to continue recovering. The euro area has so far also shown resilience as far as the recent emerging markets economies turmoil is concerned," he noted. Other issues discussed, included the direct bank recapitalisation instrument and the economic adjustment programmes in Cyprus and Greece, he noted. On his part, Olli Rehn, EU Commissioner for Economic and Monetary Affairs, said the Eurostat estimate for the fourth quarter of last year - published last Friday - confirmed that the economic recovery is gradually gathering strength in Europe. "Quarterly growth reached 0.4 percent in the EU, which is slightly above our autumn forecast and 0.3 percent in the Euro area is slightly above our autumn forecast," said Rehn. "The Euro area economy is now on-track for the expected acceleration in this year and next - in 2014 and 2015 - but the recovery remains subdued, modest mainly because of the financial crisis and the economic recession continue to hold back GDP growth," he added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today euro area economy is improving Arab Today, arab today euro area economy is improving

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today euro area economy is improving Arab Today, arab today euro area economy is improving

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday