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  3. The European Commission slashed its economic outlook for the eurozone yesterday, putting even more pressure on the European Cent

The European Commission slashed its economic outlook for the eurozone yesterday, putting even more pressure on the European Cent

admin2018-07-31  75
问题     The European Commission slashed its economic outlook for the eurozone yesterday, putting even more pressure on the European Central Bank to expand its extraordinary measures aimed at arresting slowing growth and fending off deflation. The Brussels forecast, which predicts the currency bloc growing only 1.1 percent next year, down from a forecast of 1. 7 percent just six months ago, is one of the most serious indicators yet that the long hoped-for recovery from the continent’s debt crisis may be stalling. The commission acknowledged the EU economy was not only "particularly weak" as compared to other developed countries, but was also underperforming historic examples of post-crisis recoveries.
  
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