Europe’s economy is getting hit from all sides
London (CNN Business)Europe’s economy turned in its best performance in decades in 2017. There won’t be a repeat anytime soon.
Growth is expected to slow dramatically this year as Europe grapples with new trade barriers, uncertainty over Brexit and political spats that undermine confidence in the euro and put banks under stress.
“The ever strengthening cocktail of risks stemming largely from elsewhere has been a source of increasing concern,” said Florian Hense, an economist at Berenberg bank.
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