Europe & Russia Economic overview

November 2017

As political uncertainty grips some of Europe’s largest economies, the latest outlook for the region’s major markets forecasts growth will slow over the next two years.

Germany’s GDP growth is forecast to be 2.2% this year before slowing to 2% in 2019. If the current uncertainty over whether or not a coalition will be formed is prolonged, or a new election is held, it is likely to weigh on the outlook for growth next year.

Spain – one of Europe’s better-performing economies – is forecast to see...

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