News 2015

The 2015 EUROFRAME conference deadline for submission of papers is getting close.

The 12th EUROFRAME conference to be held in Vienna on 12 June 2015 will deal with "Challenges for Europe 2050". The deadline for submitting papers is 16 March 2015.

The conference call can be downloaded here (PDF).

Growth momentum in the Euro Area continues to be weak in winter 2015

Euro Area growth remains weak in the winter 2014/2015 according to the February EUROGROWTH Indicator calculated by the Euroframe group. The quarter-to-quarter growth rate for the fourth quarter of 2014 is forecast at 0.3 per cent, unchanged from the January estimation. The forecast growth rate for the first quarter of 2015 inched up by 0.1 percentage points to 0.4 per cent. The year-on-year growth rates are 0.8 and 0.9 per cent, respectively.

More information on this topic on our Euro Growth Indicator section.

The EUROFRAME Economic Assessment of the Euro Area report has been released.

Currency depreciation against the US dollar and the low level of the price of crude oil will help to gradually strengthen the economic recovery. GDP is projected to grow by 1.5 and 1.9 per cent in 2015 and 2016, respectively. The report includes a box focusing on the economic impact of lower oil prices.

The report can be downloaded here (PDF).

A slight improvement in the euro area growth outlook

The EUROGROWTH indicator forecasts are unchanged in January 2015 from December 2014. According to the indicator, euro area GDP will increase by 0.3 per cent in both the last quarter of 2014 and the first quarter of 2015 which is only slightly better than growth rates released for the two previous quarters. On a year-on-year basis, the growth path would remain very weak at less than 1 percent.

More information on this topic on our Euro Growth Indicator section.