EU's Almunia sees signs of pick-up in economy this year
European economy and monetary policy commissioner Joaquin Almunia said in Il Sole 24 Ore that recent economic indicators shows signs of a pick up in the economy during this year.
In an interview Saturday, he said that the high oil price is 'a big risk' for the recovery, but that recent indicators on industry orders, manufacturing and investor confidence indicate 'a certain recovery. 'There are signals that allow for a forecast of a real recovery in the course of the year,' he said. In other comments, Almunia said that keeping deficits under control will help stimulate growth, rather than hinder it, as some EU leaders argue
No comments:
Post a Comment