Published on Thursday 9 November, it paints an optimistic picture of the euro area economy, which is on track to grow at its fastest pace in a decade this year, with real GDP growth forecast at 2.2%.
The EU economy as a whole is also forecast to beat expectations and reach robust growth rates of 2.3 pct this year (up from growth forecasts of 1.9 pct in the spring).
The government debt-to-GDP ratio, which fell below the 60% threshold in 2016, is forecast to decline further to 48.8% in 2019. The International Monetary Fund is expecting United Kingdom growth of 1.7% this year, while the Organisation for Economic Cooperation and Development is forecasting growth of 1.6%. Autumn forecast of 2017 marks 18 straight quarters of growth and survey evidence points to continued solid expansion of the eurozone economy.
The Commission estimates that the budget deficit this year and next year will be 0.9 percent of GDP, while in 2019 it will be 0.7 percent of GDP.
The main reasons for this are positive macroeconomic and labour market conditions, high consumer demand and corporate profits, and money earned through Malta's citizenship scheme.
Brexit in March 2019 is forecast to see European Union growth slow to 1.9%. "The deficit should remain stable, but the structural balance could worsen", said the European Commission.
Irish growth is close to the top of the European Union league with only Malta (5.6 per cent) and Romania (5.7 per cent) growing faster this year. "The period of unpredictability could be extended if some creditors decide to oppose the outcome of the settlement, which should be reached by mid-2018", said the Commission.
"The government's fiscal stimulus this year - supported by stronger exports, a significantly depreciated Turkish lira in comparison with last year and a strong boost from public finances and other policy incentives, meant to restore confidence in the Turkish economy", the bloc's economic report said. "While the effects of recent tax reforms pale, household consumption is expected to remain strong thanks to job growth, wage increases and favourable credit conditions". Wage dynamics are still constrained and inflation dampened because of slow productivity growth and a slack in the labour market.
The delay in closing the second review on the programme, earlier this year, is a "major explanation", Moscovici said, as consumption and investment were "hit more than we had expected" by uncertainty over negotiations between Athens and its creditors.
France's debt was still high at 96.9 percent and would remain at that level through 2019.
"Investment in construction is projected to contribute substantially to growth in domestic demand, with the strong momentum in residential property investment in 2016 expected to continue in the medium term, supported by government policies", the commission says.
The Chicago Tribune reports Obama arrived at the center this morning to join other potential jury members in the selection room. Obama still owns a home at 51st and Greenwood, and is registered to vote in Chicago , although he and his family live in D.C.
We're guessing that every court decision made in the future, as evidenced by history, will be appealed, so don't expect Apple vs. About Making Comments on our Site: Patently Apple reserves the right to post, dismiss or edit any comments.
It's expected he will win after his main challenger, former independent MP Tony Windsor, announced he would not be running. Another two politicians under scrutiny, senators Matt Canavan and Nick Xenophon, were ruled to have been validly elected.
That in itself was enough to beat the previous highest recorded top speed of 270.5mph, by a Hennessey Venom GT in 2014 . Since this was a world record attempt, the speed was verified by a third-party company called Racelogic .
On Tuesday, Graham told Fox News that "One thing I like about President Trump is he understands we're in a religious war". John McCain (R-Ariz.), pushing for the terror suspect to be sent to Gitmo and be treated as an enemy combatant.
Seahawks linebacker Bobby Wagner and defensive end Cliff Avril vented their frustrations over McNair's comments on Twitter. A day after issuing a public apology , Houston Texans owner and University of SC alum Bob McNair met with his players.
However, she hinted that Spacey had assaulted a woman as she told the paper that Spacey had "plied her with booze". Richard Dreyfuss" son Harry called him "a sexual predator' in an article he wrote for BuzzFeed.
A major change to the appearance of iPads could give users a reason to upgrade their existing tablets and attract new users. The iPad Pro 3 with Face ID is said to have a screen size that's similar to that of the 10.5-inch iPad Pro.
When Twitter rolled out the larger character limit, it noticed a drop in the number of tweets running against the maximum count. Of course, the change means America's highest-profile Twitter user, President Trump, will have more space.
Al-Sabhan met with Hariri in Saudi Arabia when the now resigned prime minister was visiting earlier this week. Having Lebanon plunged in chaos and instability can only exacerbate an already messy regional scene.
It's not quite the "Monster Mash", but NASA said the 22-track playlist of cosmic cries "is sure to make your skin crawl". The eerie sound is similar to the emissions recorded on Earth during the aurora borealis in the northern hemisphere.
A Saudi-led coalition became involved in 2015 to help prop up Hadi's government after Shiite Huthis seized the capital Sanaa. According to videos published on social media, smoke could be seen rising near Riyadh's King Khalid International Airport.
Overall, smoking is still quite prevalent in Japan, with nearly 20 percent of over-20-year-olds saying they smoke. That may change as the government tries to crack down on public smoking ahead of the 2020 Tokyo Olympics.
May yesterday summoned Patel to No 10 to "remind her of the obligations which exist under the ministerial code". However, when reports of the meetings had first surfaced, Patel told the Guardian "Boris knew about the visit".
Mr Mueller is increasing pressure on Mr Flynn following his indictment of former Trump campaign manager Paul Manafort, NBC said. Lawyers for Mr Flynn and his son, who worked with his father, declined to comment to NBC News .
Thornton Police Department spokesman Victor Aliva told reporters , citing witness accounts, that the attack appeared "random". An hour later, the Thornton Police Department tweeted, "At this time this is not an active shooter".
Gurman claims the device will run a new OS dubbed rOS and says Apple is designing a custom chip that will power the new wearable. There are still plenty of details to work out, such as how users will launch apps or control them through the headset.
And for players who own all three? Existing players should log in between November 8th and December 8th to claim the free content. You can also purchase any of the campaigns or a seasonal War Chest to gain immediate access to ranked play if you desire.
The idea was that shifting the clock would mean the best hours of sunlight happened at the most opportune time of the day. Daylight saving time was used during World War I , according to several historical sources, as a way to reserve fuel.
Many panicked because they were unsure whether it was a local problem, an issue with their phone or the entire nation. While the problems were focused in western Europe and Asia, it was also reported in many parts of the world.
He was the team's starter in their opener, but he was replaced at halftime by Watson, who ran away with the job. NFL Media first reported Watson went down with a non-contact injury in practice Thursday and feared the worst.
Players can also dress up in the game to look like Horizon: Zero Dawn protagonist Aloy as apart of a collaborative effort. Monster Hunter: World is a multiformat game though, and will be released on January 26 for Xbox One and PlayStation 4 .
In addition to that, the foldable device could have its own notebook app which would mimic writing on a real notebook. Andromeda's selling point will be pen and digital ink support which is something that numerous Surface devices have.
Martinez has served as Joe Maddon's bench coach in Chicago and Tampa Bay (2008-14) for a decade but has never been a manager. In giving the Martinez, 53, a three-year contract, Nationals ownership broke with longstanding (and controversial) form.