CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

Quarterly Report on the Euro Area. Volume 17, No 4 (2018)

The euro area economy grew at its fastest pace in a decade in 2017, but growth has moderated since then and the outlook is now less favourable as documented in the Winter Economic Forecast of the European Commission.

The loss of momentum since last summer reflects the euro area’s sensitivity to weakening world trade as well as country- and sectorspecific developments in recent months. Barring major shocks, GDP is expected to continue expanding, but at a slower pace, and the road ahead is fraught with uncertainty and numerous, interconnected risks.

Most of these risks are political in nature (trade dispute between US and China, Brexit, fiscal policy uncertainty) so the right policies will help to defuse them.

 

Further information:

Quarterly Report on the Euro Area. Volume 17, No 4 (2018)

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Posted in General Market News, Market Trends & Statistics

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