European Commission is scheduled to announce new economic forecasts tomorrow. Ahead of that Vice-President Valdis Dombrovskis said “all EU economies are set to grow this year and next,” citing the forecast results.
However, he also warned that “we see risks, especially external risks, on the rise”. And resilience of EU economies could be tested if the risks materialized.
He also emphasized “it’s high time to do reform while keeping public finances sound.”