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EU cuts growth forecasts

EU cuts growth forecasts

The EU slashed its growth forecasts for the euro zone Thursday. The 19-member region is now set to grow at a pace of 1.1% this year and 1.2% in 2020. In its previous forecasts in May, the European Commission had estimated a 1.2% growth rate for the euro zone in 2019 and 1.5% for 2020. It cited global trade tensions as a reason which were set to weigh on the region and limit economic expansion.

Marcus Rogers
Marcus Rogers 1 year

Good to see articles on this finally, EU's economy has been stagnant for a while and none of the europhile msm wanted to covered it, goes against the narrative, and shows Brexit is the right thing to do.

Rhokanth 1 year

The EU's socialist agenda was not sustainable. Imagine bankrupting hundreds of years worth of wealth in just 50. Everybody wants "free" everything until the well runs dry.

WJ 1 year

And we wonder why UK is trying to get out.

atlas shrugged
atlas shrugged 1 year

"Rising or elevated income inequality can also affect policy preferences and can contribute to reduced support for free trade" -- CNBC article This is a joke right?

Moogle Joestar
Moogle Joestar 1 year

Play the zero sum game of communism and socialism, expect see zero growth as all societal improvements are just artificial, maintained by leeching off your most prolific citizens amd given away to people that are outright encouraged to be unproductive, because you just want them for votes

Petri Fide
Petri Fide 1 year

Hmmm... it's almost like the sustained globalist agenda to make every countries economy equal seems to ensure mutual failure. Sounds like communism.

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