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00:00:00
the engine of European growth looks like it could be stolen German industrial output down for a fourth straight month in December the unexpected slide has raised fears of a recession in the continent's biggest economy and the rest of Europe could be sinking with it Thursday also sold the European Commission slash its outlook for growth in the block after the very strong and grow scene in two thousand seventeen %HESITATION deem you economy has been de three team in this is set to continue into southern nineteen global trade tensions and the slowdown in China among the reasons cited the commission now foresees expansion of one point three percent this year down from one point nine percent in twenty eighteen German growth seen just above one percent and the slow down in its joint called me certain to be felt across the block but it's it's really that looks the most troubled its economy belly expected to grow atole this year and even these gloomy for costs all dependent on one big assumption , namely that breaks it doesn't go too badly , shin says it has assumed for now that Britain's E. U. departure has no impact on trade with just fifty days to go until breaks it ends no agreed to plan in place many will think that's optimistic