The overall eurozone showed softer real GDP growth towards the end of 2018 and in early 2019, with a number of special factors depressing growth, but a rebound from these temporary effects should be seen throughout this year, Bibiana Carretero, portfolio manager at EFG Asset Management told thewealthnet.

The move to new vehicle emission testing procedures, which restricted car production in (particularly) Germany, was among these factors; and the unusually low water levels in the Rhine which impeded the flow of cargo.

“For now though, we are inclined to consider the slowdown as a relatively normal one, rather...