Mexican Media Brands
EC Cuts Eurozone Economic Forecast through 2016
The European Commission has lowered its forecast for economic expansion in the eurozone this year to 0.8% from its previous estimate of 1.2% growth.
#economics
Share
The European Commission has lowered its forecast for economic expansion in the eurozone this year to 0.8% from its previous estimate of 1.2% growth.
The EC also dropped its growth projection for 2015 to 1.1% from 1.7%. The commission now says the eurozone is not likely to achieve 1.7% growth until 2016.
High unemployment and slow growth will continue through next year, the EC says. It cautions that any worsening of France's weak economy could further dampen eurozone growth.
RELATED CONTENT
-
Fuel Economy Gains in July
What you’re looking at here is a sales-weighted fuel economy chart (the numbers in the white boxes represent miles per gallon) that was put together by two diligent researchers, Michael Sivak and Brandon Schoettle, of the University of Michigan Transportation Research Institute.
-
All About the 2018 Honda Accord
The common wisdom seems to be that midsize cars have pretty much had it in the U.S. new car market.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.