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Euro zone to grow fastest in decade in 2017, to slow slightly in 2018, 2019

Reuters  |  BRUSSELS 

BRUSSELS (Reuters) - The euro zone economy will grow at its fastest pace in a decade this year, the European Commission forecast on Thursday sharply increasing its projections from earlier this year, but the expansion will slow somewhat next year and in 2019.In its regular forecasts for the all European Union economies, the Commission said the economy of the 19 countries sharing the euro would grow 2.2 percent this year, up from 1.8 percent in 2016. In May the Commission forecast 2017 growth at 1.7 percent."The European economy has performed significantly better than expected this year, ...

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First Published: Thu, November 09 2017. 17:54 IST