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Eurozone’s Economic Growth continues until 2019, Moscovici says


February, 02 2018
watermark Economic news

The eurozone economy rose in a decade last year, which has been the quickest rate and its momentum will last until next year, according to the European Commissioner for Economic and Financial Affairs, Pierre Moscovici, on Thursday.

The economy of eurozone progressed by 2.5 percent in 2017, based on the predictions of the EU statistics office.

Moscovici mentioned during the conference on financial services organized by BNP Paribas that the impetus will sustain in 2018 and 2019 and global risks are also stable.

Moreover, he said that there was an agreement in the G20,  group of the world’s 20 biggest economies, to leverage on strong economic growth for structural reforms.

The economic forecast for the eurozone, including 28 nations, is scheduled to be released later in February.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.