European Commission Forecast Looks Grim

The European Commission’s most recent forecast should be a wake-up call for many countries. France, Italy and Spain are set to miss their budget targets unless there is quick government action. Portugal will probably be in breach of EU budget rules as well.

The Commission said that the Euro zone growth will be slower than expected. They also saw slower growth in China and other trade partners.

Learn more about their specific forecast for each of these areas.

 

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