Latest economic forecasts from the ECB

GDP

  • 2016 1.6% vs 1.4% in March
  • 2017 1.7% vs 1.7% in March
  • 2018 1.7% vs 1.8% in March

HICP

  • 2016 0.2% vs 0.1% prior
  • 2017 1.3% vs 1.3% prior
  • 2018 1.6% vs 1.6% prior

The full details will be published after the presser

Draghi continues;

  • Other policy areas must help support the recovery
  • Structural reforms are needed in all Euro countries
  • The focus should be on raising productivity
  • Swift reforms will help higher sustainable growth
  • All countries should strive for a comprehensive set of fiscal policies

Statement over