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#Eurozone

The EU executive, which tracks the economy for the 27 countries in bloc, said GDP growth in the eurozone would reach 2.6% in 2022 and a sharply lowered 1.4% in 2023. Photo: Andre Pain / AFP
The EU executive, which tracks the econo... […]

EU cuts growth forecasts as war-stoked inflation surges

The European Commission has slashed growth forecasts for the eurozone, saying the consequences from the war in Ukraine were continuing to destabilise the economy because of record high inflation