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

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EU to cut economic growth outlook, sees higher inflation
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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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