The Commission has revised down its forecast for the EU economy in the near term due to subdued economic activity.
In its summer economic forecast, the EU executive's technical team adjusted the bloc's growth from 1 to 0.8 percent for 2023 and from 1.7 to 1.4 percent for 2024. And while the EU-27 economy as a whole will continue to grow, it will do so at a slower pace.
Among the factors behind these n...
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Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.