EU's Moscovici gives solid concrete reasons for the strength of Europe's economies

Waxing lyrical after the EC forecasts

"The resilience of the EU economy is supported by low oil prices"

So they're screwed if the oil deal works then ;-)

  • Growth continues on the European economy

  • Growth in the UK has proven more resilient than expected (sounds disappointed doesn't he?)

  • Expansionist US policy will push up rates

  • Italy must adopt additional measures of 0.2% of GDP

  • Will visit Greece's Tsipras on Wednesday and will help conclude the Greek reform review

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