Friday

8th Dec 2023

Ticker

EU cuts eurozone growth forecasts

The European Commission cut its 2022 forecast for eurozone growth largely due to Russia's war in Ukraine. It now predicts growth of 2.6 percent this year for the 19-country currency area. This is slightly less than the 2.7 percent it had forecast in May. Inflation is also revising upwards and is projected to peak at a new record high of 8.4 percent in the third quarter of 2022.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Spain's Nadia Calviño backed to be EIB's first female chief

With less than a month to go before the start of a new leadership of the European Investment Bank, the world's largest multilateral lender, the path seems finally clear for one of the candidates, Spanish finance minister Nadia Calviño.

Analysis

Is there hope for the EU and eurozone?

While some strengths may have been overlooked recently, leading to a more pessimistic outlook on the EU and the euro area than the truly deserve, are there reasons for optimism?

Polish truck protest at Ukraine border disrupts war supplies

Disruption at the Polish-Ukrainian border by disaffected Polish truckers is escalating, potentially affecting delivery of military aid to Ukraine. A Polish request to reintroduce permits for Ukrainian drivers has been described as "a shot to the head" during war.

Join EUobserver

Support quality EU news

Join us