Slow economic growth in eurozone will cause election uncertainty in 2017

Published Sun, Jan 1, 2017 · 09:50 PM

London

SLACK economic performance, stubbornly high unemployment and general discontent with income inequality and regulation almost guarantee European election uncertainty in 2017. This political insecurity could in turn dampen employment-creating direct investment, analysts predict.

European economic growth is projected to remain subdued, said the Organisation for Economic Co-operation and Development (OECD). "Despite supportive monetary conditions, investment weakness will persist, reflecting low demand, banking sector fragilities and uncertainties about European integration."