-
EU Commission Forecasts Eurozone Quarterly GDP to Contract in Q4 2022 and Q1 2023
EU COMMISSION FORECASTS EUROZONE QUARTERLY GDP TO CONTRACT IN Q4 2022 AND Q1 2023, RETURN TO GROWTH IN Q2 2023.
— Breaking Market News (@financialjuice) November 11, 2022
-
EU COMMISSION FORECASTS EUROZONE AGGREGATED PUBLIC DEBT TO FALL TO 93.6% OF GDP IN 2022, 92.3% IN 2023 AND 91.4% IN 2024.
— Breaking Market News (@financialjuice) November 11, 2022
-
Autumn 2022 Economic Forecast: The EU economy at a turning point
From economy-finance.ec.europa.eu
As Russia’s war of aggression against Ukraine enters its ninth month, there is no sign of a let-up in the fighting, let alone a peaceful resolution of the hostilities. The war continues to cause untold suffering and destruction in Ukraine, but also has economic reverberations that extend far beyond. The sharp rise in inflation under the pressure of energy, food and other commodity prices is hitting a global economy that is still struggling with the economic consequences of the pandemic crisis. The EU is among the most exposed economies, due to its geographical proximity to the war and heavy – albeit much ... (full story)