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The outlook for European economic growth is weak.
The eurozone’s GDP will grow by 1.3% this year and 1.5% next year, according to the latest International Monetary Fund forecasts. Germany’s growth is expected to be limited in 2019, which will weigh on the economic expansion of the region as a whole. Germany’s GDP is forecast to grow by just 0.8% this year and 1.4% next year, lower than the 1.5% growth seen last year. The weakened performance of the German automotive sector, driven in part by...
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