A year ago, the global economic expansion was robust, the eurozone finished 2017 remarkably with 2.4% growth, its best performance since 2007. At the beginning of 2019, the economic environment has changed. 2018 did not meet expectations as several factors impacted confidence and business; notably the trade dispute between the United States and China, Brexit negotiations and populism in many European countries. In addition, central banks pulling back from accommodating monetary policies contributed to the return of volatility. While global growth has decelerated, it is still projected to reach 2.9% in 2019, as compared to 3% in 2018. We are considering all these factors in our investment and business decisions.<\/p>","protected":false},"excerpt":{"rendered":"
A year ago, the global economic expansion was robust, the eurozone finished 2017 remarkably with 2.4% growth, its best performance since 2007. At the beginning of 2019, the economic environment has changed. 2018 did not meet expectations as several factors impacted confidence and business; notably the trade dispute between the United States and China, Brexit … <\/p>\n