EU Downgrades 2026 Growth to 1.1% Amid Middle East Impact

LucasBennett
The European Commission downgraded its 2026 economic growth forecast for the European Union to 1.1% on May 21, citing the impact of the Middle East situation and resulting surge in energy prices as the primary cause of the slowdown. The eurozone's 2026 growth forecast was similarly revised downward from 1.2% to 0.9%.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments