Uncertainty and trade tensions slow down the global economy

In its spring forecast, the European Commission said it now expects GDP to grow this year by 1.4% in the European Union and 1.2% in the Euro Area. That is compared to 1,5% (EU) and 1.2% (EA) forecast in winter and 1.9% (EU + EA) in the autumn forecast.       Whilst domestic factors are set to support the European econom