ECONOMY - FINANCE - BUSINESS / (ae) economy

Prospect of Brexit will hamper growth slightly in 2016, more so in 2017

Brussels, 19/07/2016 (Agence Europe) - The European Commission anticipates lower growth of GDP in the Eurozone, by between 0.1% and 0.2% (1.5% or 1.6% of GDP rather than 1.7%) in 2016 and between 0.2% and 0.4% (1.3% to 1.5% of GDP instead of 1.7%) in 2017, due to the increased downward risks caused by the uncertainty surrounding the prospect of the United Kingdom leaving the European Union (EUROPE 11580).

At the level of the EU of 27 member states, the lesser GDP growth will be between 0.1%...