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EU economy commissioner Paolo Gentiloni warned that a 'better-than-expected outlook ... doesn't mean we have a positive overall outlook' (Photo: European Commission)

EU escapes recession, but war remains biggest risk to economy

The EU's economy is expected to "narrowly" avoid recession this year as the bloc decreases its dependence on Russian energy — but Moscow's invasion of Ukraine remains the biggest risk to the European economy.

The EU Commission, in its winter forecast lifted the growth outlook for this year to 0.8 percent i...

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

EU economy commissioner Paolo Gentiloni warned that a 'better-than-expected outlook ... doesn't mean we have a positive overall outlook' (Photo: European Commission)

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

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