EU expects Italy’s growth to lag euro countries through 2020

EU expects Italy’s growth to lag euro countries through 2020

Italy, which is embroiled in a bitter budget row with the European Union that is set to come to a head next week, is expected to be the slowest-growing eurozone economy through 2020, according to new forecasts from the bloc’s executive branch.

The European Commission said Thursday that growth across the 19-country eurozone is expected to moderate to 2.1 percent this year from a decade-high rate of 2.4 percent in 2017. It expects a further easing to 1.9 percent in 2019 and 1.7 percent in 2020.

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