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Image header Agence Europe
Europe Daily Bulletin No. 12249
ECONOMY - FINANCE - BUSINESS / Economy

Growth slows down in European Union amidst external and internal uncertainties

The European Commission, in its Spring Economic Forecasts presented on Tuesday 7 May, estimated that economic growth is likely to slow down for the year 2019 and maintained its concerns about the uncertainties in the economic situation. 

The weak [growth] recorded in the second half of last year was a surprise for everyone”, said Pierre Moscovici, Commissioner for Economic and Financial Affairs, at the opening of the press conference. “Nevertheless, despite this marked slowdown,...

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