Weekly Export Risk Outlook, January 7

01.08.2015 ZF English

The world started 2014 with great expectations and a lot of optimism but it turned out to be disappointing in terms of economic growth. The global economy could grow slightly faster this year, Euler Hermes noted in this week's Export Risk Outlook report.

Euler Hermes expects the global GDP growth at 2.5% in 2014, barely above 2.4% in the previous year. For 2015, global GDP should show improvement to 2.8%, "the fourth (and hopefully final) consecutive year below 3%, the analysts wrote in this week's report.

For other information about the European and global economies, see the full report.