Press Conference, European Commission, Economy, finance, tax and competition
DG ECFIN produces economic forecasts on behalf of the Commission. They serve as a basis for various economic surveillance procedures, such as in the context of the European Semester.
European Economic Forecasts concentrate on the EU Member States, the euro area and the EU, but also include outlooks for candidate countries as well as some non-EU countries. Each forecast has at least a two-year time horizon (with an additional year added each autumn) including the current year and the next. The forecasts cover about 180 variables and are the result of several iterative rounds.