The European Commission has cut its growth forecast for 2025, with EU and eurozone GDP now expected to rise by just 1.1 and 0.9 percent, respectively.
That is broadly in line with last year’s performance — but significantly weaker than projections made last autumn which came in at 1.5 and 1.3 percent respectively.
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Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.