EU and eurozone economies to achieve growth next year

The European Commission 3, autumn forecast that this year the European Union and the euro-zone gross domestic product (GDP) will appear 4.1% and a negative growth of 4.0%, in 2010 the EU and euro area economy will grow by 0.7%.

Report predicts that in view of the Member States to adopt economic stimulus plan and loose monetary policy, the EU and euro area economy will achieve growth by 2010. In addition, 2011 EU and euro area economy is expected to grow 1.6% respectively and 1.5%.

The report shows that the employment situation in the euro area continues to be optimistic about. According to forecasts, the euro area unemployment rate in 2010 will be 9.5% to 10.7%, 2011 will further increase to 10.9%.

In September, the European Central Bank's forecast that this year the euro area economy will appear 4.4% to 3.8% negative growth, economic growth in 2010 will remain at negative growth 0.5% and growth 0.9%.