Global slowdown is set to affect the eurozone

Global growth is projected to slow down further in the next few months, affecting Greece and the rest of the eurozone, warn analysts at Pimco, one of the world's leading investment funds.

In an analysis shared with Kathimerini English Edition, Pimco advises investors to be cautious for the time being, until the situation becomes clearer, as some rates markets are already taking recession-like conditions for granted.

Against a backdrop of political and market volatility Pimco analysts have concluded that the global economy is about to enter a low-growth "window of weakness." They expect it to persist into 2020, with heightened uncertainty about whether it will be a window to recovery or recession.

During that window, they argue, "it would be prudent to focus on capital preservation, to be relatively light in taking top-down macro risk in portfolios, to be...