European Commission and European Central Bank

European Central Bank: Reuters The euro zone s economic prospects are brighter now than they were three months ago thanks to cheaper oil, a weaker euro and the European Central Bank s quantitative easing, the European Commission said on Thursday, according to Euro News. Growth last year was 0.8 percent, the Commission said and By Jan Strupczewski The EU executive arm raised its forecasts for gross domestic product GDP expansion in the 19 countries sharing the euro to 1.3 percent this year from the 1.1 percent seen in November and to 1.9 percent in 2016 from an earlier 1.7 percent. (news.financializer.com). As reported in the news.