Home / Business / EU Sees Weaker Growth in Eurozone and Wider EU as China Slowdown Weighs

EU Sees Weaker Growth in Eurozone and Wider EU as China Slowdown Weighs

BRUSSELS—Growth in a eurozone and a wider European Union will be somewhat weaker this year than formerly forecast, a European Commission pronounced Tuesday, warning that a mercantile slack in China and other rising markets, geopolitical tensions and doubt forward of a U.K. referendum on EU membership could import on a economy.

The EU’s economists also cautioned that a strength of factors that have been ancillary expansion in a region, such as low oil prices and a weaker euro, could start to fade….

Article source: http://www.wsj.com/articles/eu-sees-weaker-growth-in-eurozone-and-wider-eu-as-china-slowdown-weighs-1462267249

InterNations.org