European economy faces growing risks from Brexit

Economic growth in the European Union is slowing down as the bloc faces increasing risks from global trade tensions and the unclear outcome of Brexit, the EU’s top economic commissioner Valdis Dombrovskis said on Thursday.

“Growth is slowing down and risks are mounting,” Dombrovskis told a conference in Brussels. “Trade and geopolitical tensions translate into elevated and lasting uncertainty and the possibility of a disruptive Brexit remains real,” he added.

Via Reuters