The European Commission published its Spring 2015 Economic Forecast on 5 May 2015,which – besides analysing the economic outlook of the European Union and the Eurozone-- provides a detailed economic prognosis for individual member states. In the opinion of the European Commission, rebounding growth in the global economy, further Euro depreciation, low oil prices and the EU’s stimulus programme will result in GDP growth of 1.8 percent in 2015 and 2.1 percent in 2016, within the European Union. With regard to Hungary, the EC has upwardly revised expectations in comparison to the earlier report, the Winter Forecast.

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(Ministry for National Economy)