The EU commission on Friday (11 May) confirmed earlier predictions that the eurozone economy will contract by 0.3 percent this year, with worsening forecasts for Greece, Spain and the Netherlands.
In its so-called spring economic forecast, the commission expects the euro area economy to stay in a 0.3 recession this year whereas the EU as a whole will have zero-growth, as predicted in an "interim" forecast published in February.
At a press conference on Friday, EU economics comm...
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