EU flags potential economic troubles on imbalances

The European Commission warned of potential economic troubles in 12 of the 19 eurozone countries, including Germany, and findings will be released in February. Through its monitoring policy, the commission said it will closely look at imbalances in the following countries: Austria, Belgium, Estonia, Finland, France, Germany, Ireland, Italy, the Netherlands, Portugal, Spain, and Slovenia. The policy was unveiled at the peak of the euro debt crisis. High trade surplus was attributed to Germany, leaving it susceptible to an economic slowdown elsewhere. The commission added the six nations, Bulgaria, Croatia, Hungary, Romania, Sweden, and the United Kingdom, that do not use the euro will face renewed monitoring as well.

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