Spring forecasts 2009-2010

The Commission issued on 4 May its spring economic forecast. In short, the EU economy is in the midst of its deepest and most widespread recession in the post-war era, but it is set to stabilise in 2010 as the ambitious measures taken by governments and central banks in these exceptional circumstances are expected to put a floor under the fall in economic activity this year and enable a recovery next year.

The link address is: http://ec.europa.eu/economy_finance/thematic_articles/article14927_en.htm