Mon, 05 May 2014 14:31:05 GMT
Eurozone's growth cut to 1.7% in 2015
Inflation in the euro-area is unlikely to fall into negative figures, according to the European Commission report released on Monday, and the ongoing recovery in the Eurozone may be lasting longer than initially forecast. The report also said that the European Commission estimates a 1.7% GDP growth for the next year, while growth for 2014 remained at 1.2%.