The European Commission has insisted the eurozone was still set for robust economic growth despite a recent slowdown but warned of the threat to the region from US president Donald Trump’s trade policies.
In its latest economic projections for EU growth Brussels maintained its forecasts for the eurozone in 2018 and 2019 and insisted that a recent bad run of data was down to “temporary” factors.
But the commission pointed to risks from a “dangerous nexus” of economic policies in the US — where fiscal stimulus, higher Federal Reserve interest rates and the prospect of a trade war were likely to spook markets and European businesses.
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