The pace of recovery following the 2008–9 economic crisis has picked up somewhat throughout 2010 with the EU forecast to register 1.7% growth in 2010. Uncertainty however persists on a number of fronts. Fears of a double dip recession in the US economy have been reinforced by recent weak...

Prospects for growth in the EU are improving thanks to the combination of a smaller fiscal drag, stronger external demand and a gradual improvement in private sector lending conditions. The International Monetary Fund (IMF) forecasts that output will increase in the euro zone by 1.1% in 2014...