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- European Commission lowered the 2020 GDP growth forecasts for eurozone
European Commission lowered the 2020 GDP growth forecasts for eurozone
EU commission lowers eurozone GDP growth forecast for 2020 to 1.4% from 1.5% previously estimated, keeps outlook unchanged for 2019 at 1.2%.
European commission cuts eurozone inflation forecast to 1.3% this year and next from 1.4% previously estimated for both years.
EU Commission sees uncertainty over US trade policy as a major risk for the European economy.
EU Commission keeps unchanged UK GDP growth forecast at 1.3% in 2019 and 2020.
Germany 2019 GDP growth forecast - 0.5% (unchanged)
Germany 2020 GDP growth forecast - 1.4% (previously 1.5%)
France 2019 GDP growth forecast - 1.3% (unchanged)
France 2020 GDP growth forecast - 1.4% (previously 1.5%)
Italy 2019 GDP growth forecast - 0.1% (unchanged)
Italy 2020 GDP growth forecast - 0.7% (unchanged)
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