Afternoon audio analysis 05.05.2015

The European Commission presented quite an oprimistic forecast of growth for the European Union and the eurozone. The factors which launched the recovery are low petrol prices, quite good data from the world economy and the euro weakening. However, not all countries produced optimistic data - the forecasts for Greece have been significantly cut.

Piotr Lonczak, analyst

This audio analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Sp. z o.o is prohibited.

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