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EU keeps eurozone growth outlook steady, warns of risks

The European Commission has left its forecast for eurozone economic growth this year unchanged at 1.2% but has warned the bloc faces a "host of negative risks", such as the US-Chinese trade row, Brexit and rising tensions in the Middle East. "Given the numerous risks to the outlook, we must intensify efforts to further strengthen the resilience of our economies and of the euro area as a whole," says Pierre Moscovici, commissioner of economic and financial affairs, taxation and customs.

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