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		</div><p>The European Union&#8217;s economic recovery is continuing, with steady growth expected this year and next, the bloc said &#8211; although it warned of uncertainty in Britain due to Brexit.</p>
<p>In its spring economic forecast, the European Commission said economic growth among the countries using the euro currency would reach 1.7% this year and 1.8% in 2018.</p>
<p>Growth in the full 28-nation EU is set to remain constant at 1.9% both years.<br />
Economy Commissioner Pierre Moscovici welcomed the fact that Europe is entering its fifth year of growth and &#8220;that the high uncertainty that has characterised the past 12 months may be starting to ease&#8221;.</p>
<p>However, he warned that &#8220;the euro area recovery in jobs and investment remains uneven. Tackling the causes of this divergence is the key challenge we must address in the months and years to come.&#8221;</p>
<p>In Britain, growth is set to ease and inflation to rise, with business investment predicted to stagnate as companies remain unsure about the future ahead of Britain&#8217;s EU exit in March 2019.</p>
<p><i>&#8220;Measures of investment intentions from recent surveys are soft and businesses are expected to defer investments in the face of uncertainty relating to the negotiations regarding the UK&#8217;s withdrawal from the EU,&#8221;</i> the forecast said.</p>
<p>Britain&#8217;s growth is expected to reach 1.8% in 2017 but will weaken due to fading household consumption as disposable income is squeezed by prices rising faster than wages.</p>
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