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European Commission cuts EU growth forecast and expects inflation to fall further
Video Credit: euronews (in English)
Published on February 15, 2024 - Duration: 02:16s
European Commission cuts EU growth forecast and expects inflation to fall further
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 are expected to decline more than previously predicted, challenges remain.
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European Commission
Executive branch of the European Union
European Union
Political and economic union of 27 states