Brussels, 04/11/2014 (Agence Europe) - On Tuesday 4 November, the European Commission scaled back its growth forecasts for the Eurozone and the EU in 2014 and 2015, compared to its spring forecasts.
Whereas in May, it predicted growth of 1.2% of GDP in 2014 and 1.7% in 2015 in the eurozone, the European institution now predicts that the increase in GDP will be 0.8% and 1.1% this year and next respectively (EUROPE 11072). At EU level, GDP will not grow by 1.6% in 2014 and 2% in 2015, but by...