Economic growth in the European Union is benefitting from positive economic tailwinds. According to the European Commission’s Spring 2015 Economic Forecast, these short-term factors are boosting an otherwise mild cyclical upswing in the EU. Europes economies are benefiting from many supporting factors at once. Oil prices remain relatively low, global growth is steady, the euro has continued to depreciate, and economic policies in the EU are supportive.
The link address is:http://ec.europa.eu/economy_finance/eu/forecasts/2015_spring_forecast_en.htm
