Eurozone 2017 growth momentum to last into 2018, 2019 - RTRS

Reuters reports comments from the European (EU) Commissioner for Economic and Financial Affairs Pierre Moscovici, delivered at a banking seminar on Thursday.

Key Points:

The Eurozone economy grew at its fastest pace in a decade last year and “this momentum will last at least in 2018 and 2019, globally the risks are balanced.” 

Moscovici said there was a consensus in the group of the world’s 20 biggest economies, the G20, to use strong economic growth to engage in structural reforms.

The Commission is scheduled to publish its economic forecasts for the EU’s 28 countries later in February.