EU Cuts Euro-Area Growth Forecast as Inflation Seen Slower

``The European Commission predicted low inflation will remain a threat to euro-area expansion for at least the next two years as it trimmed its economic-growth forecast and warned of the impact of tensions with Russia. The 18-nation euro zone's inflation rate will be 0.8 percent this year and 1.2 percent in 2015, both lower than forecast in February and well below the European Central Bank's target of just below 2 percent, the Brussels-based commission said today. ''