Published 3 months ago

EU Commission cuts 2024 euro zone growth forecast, sees smaller inflation

The European Commission has lowered its growth and inflation forecasts for the eurozone in 2024 due to rising geopolitical tensions, impacting the single-currency area's economy.
Germany, which experienced a recession in 2023, is projected to grow by 0.3% in 2024.
The Frankfurt-based ECB is expected to cut rates later in 2024 due to slowing consumer prices and a weakening eurozone economy.

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Reuters

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3 months ago·United Kingdom

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Sueddeutsche Zeitung

EU-Kommission korrigiert Wachstumsprognose nach unten

The Brussels authority looks particularly skeptically at the German economy: It is likely to grow by only 0.3 percent in 2024 - as slowly as in no other euro country.

3 months ago·Munich, Germany

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Russia Today [🇷🇺-affiliated]

German growth forecast to be slashed – economy minister

A ruling by the country’s top court on unused funds has had a negative effect on the EU’s biggest economy, Robert Habeck has claimed

3 months ago·Russian Federation

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Le Figaro

Eurozone: lower inflation than expected, at 2.7% in 2024, but growth declining.

Inflation will be weaker than expected in 2024 due to falling energy prices and economic slowdown. Although the euro zone narrowly avoided a 'technical recession', growth forecasts for this year have been revised downwards to 0.8%.

3 months ago·Paris, France

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La Repubblica

The EU cuts growth estimates. Accounts for the government to redo

The Commission revises its forecasts for 2024 and 2025 downwards. For the euro area, it went from +1.2% to 0.8%, Germany's difficulties weigh. Italy stands still...

3 months ago·Turin, Italy

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Het Nieuwsblad

European Commission sees inflation falling faster than expected.

Inflation in the eurozone decreased more rapidly in the fall of 2023 than expected, and will continue its downward trend in 2024. By the end of 2025, inflation will be slightly above the ECB target of 2 percent. This is written by the European Commission in its new economic forecasts on Thursday.

3 months ago·Belgium

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