This article is brought to you in association with the European Commission. Following subdued growth last year, the EU economy has entered 2024 on a weaker footing than expected. The European Commission’s Winter Interim Forecast revises growth in both the EU and the euro area down to 0.5% in 2023, from 0.6% projected in the Autumn […]Winter 2024 Economic Forecast: A delayed rebound in growth amid faster easing of inflation
February 16, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Following subdued growth last year, the EU economy has entered 2024 on a weaker footing than expected. The European Commission’s Winter Interim Forecast revises growth in both the EU and the euro area down to 0.5% in 2023, from 0.6% projected in the Autumn […]Autumn 2023 Economic Forecast: A modest recovery ahead after a challenging year
November 16, 2023 by 1 Comment
This article is brought to you in association with the European Commission. The European economy has lost momentum this year against the background of a high cost of living, weak external demand and monetary tightening. While economic activity is expected to gradually recover going forward, the European Commission’s Autumn Forecast revises EU GDP growth down compared […]The IMF’s latest economic forecast and other economic stories to read
October 16, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. The IMF cuts 2024 growth forecasts for the global economy The International Monetary Fund has kept its global growth forecast for 2023 unchanged at 3%, but has cut its 2024 forecast to […]Spring 2023 Economic Forecast: An improved outlook amid persistent challenges
May 16, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. The European economy continues to show resilience in a challenging global context. Lower energy prices, abating supply constraints and a strong labour market supported moderate growth in the first quarter of 2023, dispelling fears of a recession. This better-than-expected start to the year lifts […]Winter 2023 Economic Forecast: EU economy set to avoid recession, but headwinds persist
February 13, 2023 by Leave a Comment
This article is brought to you in association with the European Commission. Almost one year after Russia launched its war of aggression against Ukraine, the EU economy entered 2023 on a better footing than projected in autumn. The Winter interim Forecast lifts the growth outlook for this year to 0.8% in the EU and 0.9% in […]Summer 2022 Economic Forecast: Russia’s war worsens the outlook
July 14, 2022 by Leave a Comment
This article is brought to you in association with the European Commission. Russia’s war of aggression against Ukraine continues to negatively affect the EU economy, setting it on a path of lower growth and higher inflation compared to the Spring Forecast. The Summer 2022 (interim) Economic Forecast projects that the EU economy will grow by 2.7% […]Winter 2022 Economic Forecast: Growth expected to regain traction after winter slowdown
February 10, 2022 by 1 Comment
This article is brought to you in association with the European Commission. The Winter 2022 Economic Forecast projects that, following a notable expansion by 5.3% in 2021, the EU economy will grow by 4.0% in 2022 and 2.8% in 2023. Growth in the euro area is also expected at 4.0% in 2022, moderating to 2.7% in […]Autumn 2021 Economic Forecast: From recovery to expansion, amid headwinds
November 12, 2021 by 1 Comment
This article is brought to you in association with the European Commission. The EU economy is rebounding from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions started to be lifted, growth resumed in spring and continued unabated through summer, underpinned by the re-opening of the economy. Despite mounting headwinds, the EU economy […]Summer 2021 Economic Forecast: Reopening fuels recovery
July 7, 2021 by 1 Comment
This article is brought to you in association with the European Commission. The European economy is forecast to rebound faster than previously expected, as activity in the first quarter of the year exceeded expectations and the improved health situation prompted a swifter easing of pandemic control restrictions in the second quarter. Faster economic growth as economies […]Spring 2021 Economic Forecast: Rolling up sleeves
May 12, 2021 by Leave a Comment
This article is brought to you in association with the European Commission. The Spring 2021 Economic Forecast projects that the EU economy will expand by 4.2% in 2021 and by 4.4% in 2022. The euro area economy is forecast to grow by 4.3% this year and 4.4% next year. This represents a significant upgrade of the […]
