economy

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EC downgraded its forecast for EU GDP growth in 2025 to 1.1%

The estimate of the bloc's economic growth in 2026 has been revised to 1.5%

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Germany cuts tax forecasts by €81 billion by 2029

Experts predict that the federal treasury alone will receive €33.3 billion less during the period

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Ukraine’s foreign trade deficit increased almost 1.6 times in Q1

Exports decreased by 6.9% in the period under review

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Ukraine should immediately appeal to the EU to postpone CBAM – PAEW

Ukrainian companies do not have the resources to decarbonize during the war

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Germany should seek new trade agreements as part of EU strategy – Minister

Katherina Reiche says the US will remain a key partner, but the economy needs to diversify

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EU’s GDP grew by 0.3% q/q in Q1

The bloc's economy grew by 1.4% year-on-year

Industrial parks are a growth point for the country’s economy – UFuture founder

Support for industrial parks from the state and communities is important

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German government expects economic stagnation in 2025

The main reason is Trump's trade war

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German economists cut economic growth forecast to 0.1% for 2025 – Reuters

The revision does not take into account the new US reciprocal tariffs

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Inflation in the euro area slowed to 2.2% y/y in March

Energy prices decreased by 0.7% over the month

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Ukraine’s GDP grew by 1.1% y/y in January-February

The country's economy grew by 0.7% in February

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Preserving strategic industries is essential for Europe – Draghi

The former ECB President also emphasized the need for rapid change

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