The EC downgraded its growth forecast for the Eurozone economy

ЕК ухудшила прогноз по росту экономики еврозоны

In 2018, real GDP growth Euro-zone countries will be 2.1% instead of 2.3% as previously expected.

The European Commission has revised forecasts for economic growth in the Eurozone for current and following years.

As the autumn economic forecast, in 2018, real GDP growth Euro-zone countries will be 2.1% instead of 2.3% as previously expected.

In 2019 the rate will decrease to 1.9% from previously projected 2%. In 2020, the Eurozone economy will slow its growth to 1.7%.

Assessment of growth of real GDP of the EU also reduced to 2.1% from 2.3% this year and to 1.9% from 2% in the next year. Estimate for 2020 is 1.8%.

In the Euro zone has significantly worsened the business climate

Earlier it was reported that unemployment in the Euro area dropped to 8.1%. This is the lowest rate in almost 10 years.

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