The Eurozone remains in a “fragile state” as growth was confirmed at 0.2 percent for Q2 2019.

Phil Smeaton, chief investment officer at Sanlam UK, explained: “Being an exporting powerhouse, the EU is feeling the impact of the ongoing trade wars and a global slowdown more than most. And the continued uncertainty of the bloc’s relationship with the UK is acting as a further drag on performance, confidence, and business investment.

“All signs point to a recession, and time is running out to successfully change course.”

The Q2 growth was half that of Q1 (0.4 percent).

Chris Towner, director a...