EBRD trims growth forecast for 2020; global trade and autos pose risk
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LONDON (Reuters) - The European Bank for Reconstruction and Development cut its forecast for growth in the region it covers, citing slower growth in global trade, with emerging Europe at risk from a slowdown in Germany and the auto industry. The EBRD, which tracks trends in 37 countries across three continents, said in its latest economic outlook, released on Wednesday, that it expected average growth in 2020 of 2.9%, down from the 2.6% it forecast in May. It confirmed a growth rate of 2.4% in..