The EU’s economy entered 2024 with subdued momentum. The European Commission downgraded its growth forecast to 0.9% for the EU and 0.8% for the euro area. Yet while inflation rates … Read More
Europe’s economy will grow less than originally predicted, according to the European Commission’s latest forecast. ADVERTISEMENT The EU institution on Wednesday revised its 2023 GDP growth expectations down to 0.6% … Read More
The 20 countries that use the euro currency and their 346 million people saw modest economic growth of 0.3% growth in the second quarter of the year but the outlook … Read More
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
The euro area’s economy is now expected to grow by just 0.5% in 2023 as factors including the war in Ukraine, record inflation and the continued impact of the COVID-19 pandemic … Read More
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
Eurozone finance ministers met to discuss soaring inflation and deteriorating growth prospects ahead of an Economic and Financial Affairs Council this week. Skyrocketing inflation is “a fact of life” exacerbated … Read More
Three European economies are weathering the current turmoil in very different ways, according to the GDP growth figures for 2022 published on Tuesday. The Eurozone has recorded an overall inflation … Read More
