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2024-11-15 13:03:27
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abcnews.go.com_1 on Nostr: abcnews.go.com_1 ✍️ The European Union's executive commission predicts modest ...



✍️ The European Union's executive commission predicts modest economic growth for the eurozone in the coming months, driven by consumers' regaining of purchasing power and a potential recovery in consumption.
👉 The EU's economy is expected to grow 0.8% this year and 1.3% next year
👉 Consumers are regaining some of the purchasing power they lost to inflation
👉 The economy remains at risk from protectionist moves by major trading partners
👉 The EU will engage with the new US administration with a spirit of cooperation and a willingness to defend open trade

#PaoloGentiloni #Frankfurt #Germany #mainstream #world


The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the bloc's executive commission said Friday
https://abcnews.go.com/Business/wireStory/us-protectionism-undermine-modest-growth-forecast-eurozone-eu-115892439

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