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The economic recovery in the eurozone will continue in 2016, albeit at a very slow tempo. The economy will grow by 1.5% with predominant downside risks.
Economic activity will be greater in Germany than in the eurozone overall. The domestic economy will gain further ground compared with the export sector. Contributing factors will include falling unemployment and rising incomes as well as sustained high immigration, resulting in increased government and private consumption. GDP growth in 2016 will stand at almost 2%.
Source : Savills
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