Heightened global policy uncertainty and trade tensions are overshadowing the European Union’s economic growth prospects. The European Commission revised its outlook for the eurozone to 0.9% from the previous forecast of 1.3% in November. For 2026, the eurozone is expected to expand by 1.4% instead of the previously expected 1.6%.
The EU is forecast to keep growing at a modest rate this year, at 1.1%. The EU’s executive body forecast that growth will pick up in 2026 and reach 1.5%. The Commission said this on Monday in its spring forecast.
