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World

EU sees growth steady at 1.2pc but warns of coronavirus

For the broader EU, including countries outside the single currency, it forecast growth of 1.4 percent this year, d
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  • For the broader EU, including countries outside the single currency, it forecast growth of 1.4 percent this year, down from the previous prediction of 1.5.

BRUSSELS: The European Commission on Thursday maintained its eurozone growth forecast at 1.2 percent for 2020 and 2021, but warned Brexit and the new coronavirus outbreak could yet hit the economy.

For the broader EU, including countries outside the single currency, it forecast growth of 1.4 percent this year, down from the previous prediction of 1.5.

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