Inventory Market & Monetary Information

Eurozone economic progress will improve barely this year and next, the European Fee estimated on Thursday. The pace might be slower in 2016 than beforehand forecast due to elevated international dangers, Reuters reported. The GDP of the 19-nation single currency bloc is expected to expand by 1.7 p.c this year from 1.6 % in 2015. The restoration will achieve velocity in 2017 with economic growth of 1.9 p.c, the EU government stated in its winter financial forecasts. The growth estimate for this year is a slight downward revision of the 1.8 percent seen in the final set of forecasts in November, whereas the 2017 determine was unchanged.

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