Europe & Russia: Economic overview

March 2016

The next two years may be tough for European economies as growth could slow in some of the region’s major markets.

Although some European economies are expected to grow this year, the latest OECD forecast is for expansion to be slow in much of the region. Italy’s GDP is forecast to grow by around 1% in 2016, up from 0.6% last year. France will see a similar trend, with GDP growth of 1.2% expected this year and 1.5% for 2017.

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