Reported 8 days ago
The EU Commission reported that while the eurozone is moving past stagnation and on track for modest growth, U.S. protectionist trade policies pose significant risks. European Economic Commissioner Paolo Gentiloni emphasized that potential tariffs under the incoming U.S. administration could harm both economies. The eurozone is expected to grow by 0.8% this year and 1.3% next year, amid recovering consumer purchasing power and easing inflation, yet the growth remains vulnerable to external shocks.
Source: YAHOO