Growth

    • Europe heads towards modest growth period

      Europe heads towards modest growth period

      The European economy is now in its seventh consecutive year of growth and is forecast to continue expanding in 2020 and 2021, but at the same time it is heading towards a protracted period of more subdued growth and muted inflation, according to the European Commission's Autumn Economic Forecast presented on Thursday.

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    • Growth hindered by external factors

      Growth hindered by external factors

      The European economy is set for its seventh consecutive year of growth in 2019, with all Member States' economies due to expand, the Commission stated in its Summer Economic Forecast released last Wednesday. The short-term outlook for the European economy, however, is clouded by external factors including global trade tensions and significant policy uncertainty. These have continued to weigh on confidence in the manufacturing sector, which is the most exposed to international trade, and are projected to weaken the growth outlook for the remainder of the year.

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    • Budget for growth, jobs and security

      Budget for growth, jobs and security

      The Commission presented last Wednesday its proposal for the 2020 budget, which is the seventh and last one under the current 2014-2020 long-term EU budget framework, the EU press service reported. It operates within the limitations set therein and is designed to optimise funding for existing programmes and to boost the European added value in line with the Juncker Commission's priorities.

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    • Growth continues at a moderate pace

      Growth continues at a moderate pace

      The European economy is to continue expanding for the seventh year in a row in 2019, with real GDP expected to grow in all Member States, according to the EC Spring 2019 economic forecast presented last Tuesday. Although global uncertainties continue, domestic dynamics are set to support the European economy, with growth expected to gather pace again next year.

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    • Autumn forecast: Sustained growth amid high uncertainty

      Autumn forecast: Sustained growth amid high uncertainty

      Growth both in the Eurozone and EU-27 is set to ease from a 10-year high in the next few years, according to the Commission's Autumn forecast released last Thursday. Eurozone growth is expected to be 2.1% in 2018 before moderating to 1.9% in 2019 and 1.7% in 2020. The same pattern is expected for the EU27, with growth forecast at 2.2% in 2018, 2.0% in 2019 and 1.9% in 2020.

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