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Brussels Revises 2026 Growth Forecast From 1.2% Down to 0.9%: Region’s Three Largest Economies to Bear Heaviest Burden

Summary by The Corner
The Corner Report by Link Securities The European Commission (EC), in its Spring Economic Report 2026, has revised downwards its forecast for Gross Domestic Product (GDP) growth for the European Union (EU) and the Eurozone, citing inflationary pressures arising from the conflict in the Middle East. Thus, the EC has cut its growth forecast for the EU economy for 2026 from 1.4% to 1.1%, and for the Eurozone economy to 0.9% from...
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Brussels now predicts that the Eurozone economy will grow by just 0.9% this year. The post EU revises growth forecasts as war in Iran drives up inflation appeared first on in.gr.

·Greece
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Eurozone inflation rises to 3% due to energy shock: Brussels lowers growth forecast to 0.9% AI Generated Stock Image The European Commission has worsened its economic forecasts for the European Union and the eurozone due to the impact of a new energy shock stemming from the conflict in the Middle East. The body now predicts that eurozone GDP will grow by only 0.9% in 2026 and 1.2% in 2027, compared to the 1.2% and 1.4% it projected last autumn. …

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The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Busine broke the news on Friday, May 22, 2026.
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