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
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.
-
Achieving Efficiency?
A look at on-road fuel economy changes over 92 years.
-
on the Genesis GV60 interior, EV sales in H1, Bentley Bentayga's wood work, Faurecia's advanced manufacturing & more
The strange glowing orb in the Genesis GV60. . .global EV sales in the first half. . .creating wood for the Bentayga interior. . .the importance of material handling at Faurecia. . .lux ATPs. . .fast Porsche. . .fast Lambo. . .the Avalon Hybrid. . .Silverado steel. . .