The economic recovery in the euro area and the European Union as a whole will continue at a modest pace next year despite more challenging conditions in the global economy.
In its Autumn 2015 Economic Forecast, the Commission revealed on Thursday that overall, the euro area real GDP is forecast to grow by 1.6% in 2015, rising to 1.8% in 2016 and 1.9% in 2017. For the EU as a whole, real GDP is expected to rise from 1.9% this year to 2.0% in 2016 and 2.1% in 2017.
Pierre Moscovici, Commission...
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