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The EU cut Tuesday its eurozone growth forecasts for this year, warning that global risks including the slowdown in China and the danger of Britain leaving the bloc were harming economic recovery. Warning of increased global risks for the 19-country single currency area as it continues its sluggish recovery, the European Commission trimmed its 2016 forecast to 1.6 percent from 1.7 percent.
Madrid (AFP) - Spain's King Felipe VI on Tuesday signed a decree dissolving parliament and calling elections for June 26, a parliament spokesman said, in what will be the country's second general election in six months.
PARIS (AP) — France's trade minister says a huge free trade deal between the U.S. and Europe is probably doomed, and France would reject the current version because it's too friendly to U.S. business.