International rating agency Fitch downgraded economic outlook for European counties in 2017, Bloomberg reported. The forecast was revised from 1.6% to 1.4% due to Britain’s decision to withdraw from the EU and the emerging risks in global economy. Fitch's analysts expect that the ECB will prolong asset purchase program after March 2017 which will entail the necessity to change the requirements for the assets included in the program, and the British and Japanese central banks will lower interest rates.

 

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