Eurozone growth forecasts cut amid uncertainty over Trump trade war
by Phillip Inman from on (#6XCM4)
Tariffs impact demands considerable downgrade', to 0.9% this year and 1.4% in 2026, says European Commission
The European Commission has cut its growth forecasts for the eurozone this year and next as a result of uncertainty caused by Donald Trump's tariff wars.
The commission said the impact of tariffs demanded a considerable downgrade" to the expected growth this year of the 20-member eurozone to 0.9% from the previous forecast, made in November, of 1.3%.
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