Eurozone: Open economy exposed to trade disruptions
Date: 16 June
Despite a stronger-than-expected start to the year, the Eurozone economy remains on a weak footing as global trade tensions escalate. Looser monetary policy than last year will provide some relief, but weak foreign demand and elevated business uncertainty will constrain growth this year. The paradigm shift in German fiscal policy raises longer-term growth prospects, but there are downside risks to implementation.
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