With average rates of 2.4% of GDP, growth in the Eurozone and the European Union hit its highest level for ten years in 2017, the European Commission announced on Thursday 3 May, when presenting its spring economic forecasts.
This economic expansion is expected to continue in 2018 and 2019, despite a slight downturn, to stand at 2.3% of GDP in the EU and 2.0% in the Eurozone.
“Our forecasts make clear that the European economic indicators are on green, that they are in many cases similar...