Feature
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Eurogroup shifts away from expansionary fiscal policy

Faced with growing risks and high debts, the 19 euro countries are taking a cautious course. The EU Commission expects less growth and higher inflation.
By
Eric Bonse
Image of Eric Bonse

Is the eurozone sliding into recession? This question hung over the Eurogroup meeting in Brussels on Monday like a dark shadow. New warnings from the International Monetary Fund and fresh data from the EU Commission do not bode well.

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