EU to cut economic growth outlook, sees higher inflation ...Middle East

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EU to cut economic growth outlook, sees higher inflation
Euro zone finance ministers said on Monday the fight against inflation was the current priority despite dwindling growth in the bloc, as they are set to be informed of a deteriorating economic outlook by the European Commission. At a regular monthly meeting of ministers, the EU executive commission will give an update of its economic forecasts, showing slower growth and higher inflation, the commission's vice-president Valdis Dombrovskis said on the sidelines of the meeting.

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