Eurozone GDP is expected to grow by 2.1%, 1.9% and 1.7% in 2018, 2019 in 2020 respectively, according to the European Commission's autumn economic forecasts presented on Thursday 8 November, under the 'European Semester' budgetary process.
This expected growth rate for 2018 marks a slight downturn on 2017, when GDP growth stood at 2.4% (see EUROPE 12014).
“Despite the current slowing of the economy and a less promising international environment, the foundations remain solid and should...