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EU growth to slow this year
By EUobserver
Growth in the EU is slowing down, the European Commission said in its summer forecasts published Thursday. Growth is expected to be 2.1 percent this year and 2 percent next year - compared to the 2.3 percent and 2.0 percent forecasted in May. Finance commissioner Pierre Moscovici pointed out at "the impact on confidence of trade tensions and policy uncertainty, as well as rising energy prices."