Economics
From ‘Dangerous’ Trump to Italy, Five Risks That Keep EU Awake
- European Commission says economic threats have increased
- Protectionism, U.S. overheating, Brexit among the main risks
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The European economy is poised to see another year of strong growth, but clouds are gathering over what was once a sunny horizon.
Inflated asset prices, trade protectionism, a looming monetary policy tightening, uncertainty in Greece and Italy, and continuing weakness in the U.K. mean that risks “have sharply increased,” the European Commission said in its quarterly economic report published on Thursday.