EU chiefs see ‘uncertainty’ as eurozone growth outlook is cut

European Commission chiefs have spoken of the “uncertainty” that lies ahead following the election of Donald Trump, on the day Brussels released new growth forecasts which showed it expected the economic recovery across the eurozone to remain tepid, at best.

EU economics chief Pierre Moscovici said he was “confident the US will remain a strong partner” for the EU, while trade commissioner Cecilia Malmstrom said it was “clear that there will be a natural break” in EU-US trade negotiations after the election.

The Commission’s vice-president for jobs and growth, former Finnish prime minister Jyrki Katainen, said “the only thing that is sure now is uncertainty”.