The European economy is improving - EU

The European economy has stabilized and even improved, says EU Commissioner for Economic and Monetary Policy Joaquin Almunia. However, the EU economy remains uncertain and the risks that should be taken into account in the next 2 years, leading European officials said the agency Bloomberg. At this point improvement in the economy of Europe primarily due to government measures to stimulate and stabilization in emerging markets, said Mr. Almunia. According to him, in 2010, continued deterioration in the European labor market, the weakness of the banking sector continues. Potential growth in the next two years is about 1%, believes AG Almunia. This year, the 27 EU countries increase GDP will show only Poland. The economy of all major trading partners of the EU finally restored in 2010-2011.