The European Commission forecasts that the Croatian economy will grow this year more than previously expected, but there are still risks associated with the restructuring of Agrokor.
The growth of Romania's gross domestic product (GDP) is expected to slow down to 4.4% in 2018, up from 3.7% predicted in May, the Commission said in its Autumn 2017 Economic Forecast published on its website.
The eurozone is seen expanding to 2.1% in 2018-still up from a previous expectation of 1.8%-with the growth rate dipping to 1.9% in 2019, when Britain will leave the EU. "Thereafter, the debt-to-GDP ratio is expected to marginally decline to 130.8% in 2018 and to 130.0% in 2019, mainly due to stronger nominal growth". The highest growth this year will be achieved by Romania with 5.7 percent, followed by Malta with 5.6 percent, Ireland 4.8 percent and Slovenia 4.7 percent.
Outside Europe, global tensions as well as adjustments in the Chinese economy or possible protectionist measures by the United States mean that the Commission can not predict whether EU's economic situation will "turn out better or worse than forecast".
But the report was especially sour for non-euro Britain which saw its growth forecast for 2017 slashed to 1.5 percent.
Regarding inflation, the Commission expects that robust domestic demand, additional wage hikes in a tight labour market and additional fiscal stimulus will gradually drive inflation rate upwards and make it re-enter the Romanian central bank's target band of 2.5%±1 pp.
"The European economy has performed significantly better than expected this year, propelled by resilient private consumption, stronger growth around the world, and falling unemployment", the Commission said in a statement.
Unemployment across the currency union is expected to drop faster than expected in May, dipping to 9.1% by year-end and then to 8.5% in 2018 and 7.9% the following year. "Looking ahead, growth is set to decelerate but remain above potential".
"Based on a no-policy-change assumption, the surplus of the general government balance is projected to slightly improve in 2019".
The EU Commission has downgraded its expectations for United Kingdom economic growth, saying its assumptions are even based on there being no change in trading status after Brexit. Romania's 2017 budget is built on projections for 6.1% economic growth and deficit equivalent to 2.96% of GDP.
This, the Commission said, is for "forecasting purposes only and has no bearing on the talks underway" in the context of the Brexit talks, which resumed Thursday.
She said Bangladesh-India relations are in fact setting new high standards of bilateral cooperation in the region and beyond. Chief Minister Mamata Banerjee also described it as a historic day for both the countries.
Nicaraguan immigrants, who have lived in the United States for almost two decades, will have 12 months to leave their homes. Already, 50,000 Haitian TPS recipients, who expect administrative decisions by Thanksgiving, are preparing for the worst.
Since lack of sleep can provoke seizures, the patients stay awake all night to speed up their onset and shorten the hospital stay. Sleep deprivation interfered with the neurons' ability to encode information and translate images into conscious thought.
Winners are determined using a combination of advanced metrics (25 percent) and coach and manager voting (75 percent). He led all left fielders with an ultimate zone rating of 11.5 and was third in defensive runs saved (9).
Social media mogul company Facebook has launched P2P payments through Facebook Messenger in the United Kingdom today. According to research by Kenshoo published in December 2016, 53% of French Internet users and 48% of U.K.
Trump and a desire to work together toward devising better solutions in response to a vast range of current worldwide problems". Only 7 percent of Trump voters say they believe that members of the campaign team colluded with Russian Federation .
Kathy Tran, a refugee from Vietnam, became the first Asian American woman elected to the Virgina House of Delegates. When a reporter asked her about Marshall, Roem's reply was : "I don't attack my constituents".
Now every Twitter user - from first-day users to President Donald Trump - will have twice the room to share their thoughts. Under the old 140-character format, users were hitting the limit around 9% of the time.
Chief Executive Bob Iger has said he plans to retire from Disney in July 2019, and the company is searching for a successor. The talks reportedly took place within the last few weeks, and it's not certain they will firm up a deal.
Income Tax Officials Raid In Jaya TV Office In Chennai
The Income Tax department also raided AIADMK Karnataka in-charge, Pugazhendi's house in Bengaluru's Domlur area. The raids began around 6 am, and according to officials, taking place at more than 180 different locations.
OnePlus 5T Will Stay Wired Like Most
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Apple's next iPad could have Face ID and no home button
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Election day 2017: What's on the ballot in each CT town?
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Apple planning AR headset for 2020
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