A Weak Eurozone Economy
The European Commission's recently updated eurozone growth forecasts point to weak growth - especially in big manufacturing countries such as Germany and Italy - for 2020 and 2021.
As a whole, the eurozone is projected to grow only 1.1% in 2019 and 1.2% in 2020 - hardly enough to continue reducing unemployment, and definitely not enough to create inflation and, with it, push long-term interest rates up.
Broadly speaking, there are two ways to get out of the current slump - according to the European Commission: either a decisive turnaround in