OUTLOOK 2015 GDP GROWTH FOR THE EUROZONE AND NON-EUROZONE EU COUNTRIES

Downside risks are clouding the Euro area outlook. The Euro area economy is expected to expand 1.1% in 2015

Expected GDP Growth by Country

1. Ireland: 3.6%
2. Latvia: 2.7%
3. Malta: 2.6%
4. Slovakia: 2.6%
5. Luxembourg: 2.4%
6. Estonia: 2.4%
7. Greece: 2.0%. The ongoing political crisis and voting due in January, however, pose large downside risks to Greece's economic prospects.
8. Spain: 1.8%
9. Slovenia: 1.5%
10. Portugal: 1.4%
11. Netherlands: 1.4%
12. Belgium: 1.3%
13. Germany: 1.3%
14. Austria: 1.0%
15. France: 0.9%
16. Finland: 0.7%
17. Cyprus: 0.4%
18. Italy: 0.4%

Expected GDP Growth Non-Eurozone Countries

1. Poland: 3.1%
2. Romania: 3.0%
3. United Kingdom: 2.7%
4. Lithuania: 2.7%
5. Sweden: 2.6%
6. Czech Republic: 2.4%
7. Hungary: 2.3%
8. Denmark: 1.7%
9. Bulgaria: 0.6%
10. Croatia: (0.5%)