European commission upgrades growth forecast for UK economy
by Katie Allen from on (#2CHVJ)
Executive arm of EU sees UK economy growing 1.5% this year, compared with earlier forecast of just 1% growth
The eurozone will enjoy stronger economy growth than previously thought this year and next but face risks from uncertainty surrounding Donald Trump's presidency and the UK's negotiations to leave the European Union, according to forecasts by the European commission.
The executive arm of the EU became the latest body to concede its predictions made shortly after the Brexit vote had been overly gloomy. It also upgraded its outlook for the UK this year.
Winter 2017 Economic Forecast | check all information (also by country) here: https://t.co/2c560Rv1yk #ECForecast pic.twitter.com/HrZXe0pKpq
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