After the IMF and the OECD, the World Bank has also cut its 2019 growth forecasts. Uncertainties over trade and investment are at the root of this slowdown, which is also affecting the eurozone. EURACTIV France reports.
Shockwaves from Britain's vote to leave the European Union are reverberating through the economy with surveys published on Thursday (28 July) showing a sharp dive in consumer confidence and a slowdown in the construction sector.
German Finance Minister Wolfgang Schäuble called on central banks to take into account price distortions that monetary policy could have on markets and help prevent asset bubbles, in an interview published on Monday.
Crisis-hit southern countries are selling state-owned goods to reduce their budget deficits, with Spain mulling the privatisation of national heritage sites and Greece is under pressure to have historical buildings managed by a foreign holding company.