Translation of "prévision économique " (French → English) :

The economic recovery should continue at a modest pace next year despite more challenging conditions in the global economy according to the 2015 Autumn Economic Forecast of the European Commission.

B. whereas the economic and social context in the EU continues to be bleak, and whereas, according to the Commission’s 2014 autumn economic forecast, the economic recovery remains fragile; whereas despite the negative growth rates in the eurozone for the past two years, eurozone growth is expected to reach 0.8 % in 2014 and 1.1 % in 2015; whereas only a few Member States have better forecasts, and whereas the Commission has systematically revised downwards its own forecasts during the last years; whereas despite the fact that the forecasted overall deficit in the EU28 has been reduced to 3 % for 2014, it remains high in some Member St ...[+++]ates, demonstrating the need for further fiscal consolidation that is compatible with growth and better and sustainable employment, since recovery is neither robust nor underpinned;

B. whereas the economic and social context in the EU continues to be bleak, and whereas, according to the Commission’s 2014 autumn economic forecast, the economic recovery remains fragile; whereas despite the negative growth rates in the eurozone for the past two years, eurozone growth is expected to reach 0,8 % in 2014 and 1,1 % in 2015; whereas only a few Member States have better forecasts, and whereas the Commission has systematically revised downwards its own forecasts during the last years; whereas despite the fact that the forecasted overall deficit in the EU28 has been reduced to 3 % for 2014, it remains high in some Member S ...[+++]tates, demonstrating the need for further fiscal consolidation that is compatible with growth and better and sustainable employment, since recovery is neither robust nor underpinned;

B. whereas the economic and social context in the EU continues to be bleak, and whereas, according to the Commission’s 2014 autumn economic forecast, the economic recovery remains fragile; whereas despite the negative growth rates in the eurozone for the past two years, eurozone growth is expected to reach 0,8 % in 2014 and 1,1 % in 2015; whereas only a few Member States have better forecasts, and whereas the Commission has systematically revised downwards its own forecasts during the last years; whereas despite the fact that the forecasted overall deficit in the EU28 has been reduced to 3 % for 2014, it remains high in some Member S ...[+++]tates, demonstrating the need for further fiscal consolidation that is compatible with growth and better and sustainable employment, since recovery is neither robust nor underpinned;

78. Stresses that most of the Community measures proposed by the Commission are based on a budgetary redeployment of allocations already programmed and not on the mobilisation of new budget resources; calls on the Commission to draw all the necessary conclusions from the very bad economic forecast it published in January 2009 and to reassess it budget proposals in the light of these new forecasts;

Likewise, we cannot carry out a rigorous assessment — and you are right to demand that we carry out a rigorous assessment — of whether countries fulfil the Maastricht criteria, the convergence criteria, before we know the spring economic forecasts in May 2008, which cannot be approved or published beforehand by the Commission and its services, because if we anticipate the spring forecasts they will be winter forecasts and they will not provide a view of the economic situation and the economic data for the spring.