There is no let-up in sight for the eurozone economy, according to the latest predictions from the OECD, which has slashed its forecasts for the countries that drive the bloc’s growth.
The Paris-based international organisation expects eurozone gross domestic product to grow just 1 per cent year on year in 2019 and 1.2 per cent in 2020, according to its interim economic outlook, published on Wednesday.
As recently as November it had forecast expansion of 1.8 per cent and 1.6 per cent.
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