EU cuts growth outlook as tariffs fuel uncertainty

The European Commission has revised down its growth forecasts for the Eurozone, now predicting a 0.9% increase for this year, down from 1.3%, amid economic disruptions from US trade policies. The commission’s outlook also reflects a slight downgrade for the EU as a whole, attributing the changes to ongoing trade tensions and a significant reduction in US-China trade. Germany’s economy is expected to flatline in 2025, while France and Italy are projected to grow slightly, with Ireland, Spain, and Greece anticipated to exceed average Eurozone growth.

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