The European Commission has published its summer forecast for the growth of the economy for the Euro area . The forecast foresees the growth in the Eurozone , namely 1,2 percent of GDP in this year and 1,4 of GDP in the next year.
The general economic situation is in this moment under the influence of the global factors, as for instance the economic-political confrontations between the USA and China, which have a negative influence on the world economy, as well as of the tensions in the Near and Middle East, which could lead to significantly higher prices of the crude oil. However also inside the EU there is uncertainty regarding the development of the economy , since the possibility of the uncontrolled Brexit is still present.
Regardless of the quoted obstacles and the slowing down of the conjuncture, all European economies are supposed to grow according to the opinion of the EU Commission.
