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Stable Growth Predicted in Europe, Uncertainties Notwithstanding
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The economic performance of the Western Europe in the beginning of 2016 could be characterized by moderately improved growth supported by rise in disposable income, better job growth, and low inflation. Germany and Spain are on a solid recovery path and leading the Eurozone growth in 2016. Political uncertainties are being created not only on the United Kingdom but also in the entire region to some extent relating to the European Union (EU) referendum.
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