Euro-Area Growth Forecast Lifted Again as U.K. Outlook Dims
The euro-area economy will grow the fastest pace in a decade this year, while the U.K. heads into an extended slowdown, the European Commission said, highlighting the increasing divergence between the continent and the British economy.
Raising its 2017 forecast for the 19-country bloc to 2.2 percent from 1.7 percent in May, the EUs executive arm cited resilient private consumption, and it predicted a 2.1 percent expansion in 2018. It cut its 2017 prediction for the U.K. and sees ...
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