• 2015 GDP cut to +1.0%
  • cites geopolitical risks
  • energy and labour policies may also be dampening GDP

Says it’s “high time” for more growth and investment-friendly policies

  • ECB policies carry risks for long-term economic development of Eurozone

The annual report not helping the euro which has seen EURUSD fall steadily after failing at 1.2498. Currently 1.2466