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- EU Commission cuts Eurozone's 2019 GDP growth forecast to 1.2 percent from 1.3 percent forecast in February
EU Commission cuts Eurozone's 2019 GDP growth forecast to 1.2 percent from 1.3 percent forecast in February
- 2020 GDP growth projection lowered to 1.5 percent from 1.6 percent seen in February
- Eurozone's unemployment seen at 7.7 percent of the workforce this year and declining to 7.3 percent next year
- Eurozone's inflation projected at 1.4 percent this year and 1.4 percent in 2020
- Eurozone's aggregated public debt to drop to 85.8 percent of GDP this year (from 87.1 percent in 2018) and to decline to 84.3 percent of GDP in 2020
- Eurozone's aggregated budget deficit seen rising to 0.9 percent of GDP in 2019 (from 0.5 percent last year) and to remain at 0.9 percent in 2020
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