European Economic Forecast - autumn 2011

Since the last fully-fledged forecast in May 2011, the outlook for the EU and the euro area has deteriorated. The protracted sovereign-debt crisis has taken its toll on confidence affecting investment and consumption. The first signs of improvements for GDP are projected for the second half of 2012, however, with very limited impact on job creation.

The link address is: http://ec.europa.eu/economy_finance/eu/forecasts/2011_autumn_forecast_en.htm