Falling energy prices boost EU’s growth outlook, Commission says
GDP in the EU is now forecast to reach 1.0% in 2023 and 1.7% in 2024, up from a previous forecast of 0.8% and 1.6%. The European economy continues to … Read More
Tag: Economic forecast
EU economy to ‘narrowly’ avoid a recession as inflation peak passes, Brussels projects
The European Union’s economy is set to “narrowly” avoid a much-dreaded recession this year, as inflation eases and gas prices continue their steep drop, paving the way for better-than-expected economic … Read More
IMF improves economic forecast for the eurozone and Russia amid energy crisis and raging war
The prospect of a recession in the eurozone is fading as the International Monetary Fund (IMF) moderately improves its economic forecast for the bloc. The eurozone is now projected to grow … Read More
Annual inflation across the eurozone will peak at 7.6% in 2022
Inflation across the European Union will remain extraordinarily high for the remainder of the year, keeping households and companies under long-term financial strain. The latest economic forecast released by the … Read More
