EU’s Economy Facing Stagnation, Says European Commissioner
European Commissioner for Economy Paolo Gentiloni has admitted that the European Union’s economy is facing stagnation. “The situation in Ukraine presents an uncertainty and unpredictability factor for Europe, economic growth will obviously slow down with a stagnation risk,” he was quoted as saying during the Confcommercio-Ambrosetti forum on Thursday by the ANSA news agency. Much depends on “the duration of[Read More…]