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Europe & Russia Economic overview

March 2018

Germany will lead GDP growth in Europe this year and next as the UK faces weakening economic expansion.

Angela Merkel has been confirmed for her fourth term as Germany’s chancellor as she prepares to lead the coalition that will form the new government. While the parliamentary vote to confirm her was close, it was enough to secure Merkel’s position. Germany is forecast to have comparatively strong GDP growth this year, according to the latest outlook from the OECD. Economic expansion is forecast to be 2.4% in...