eurozone GDP

Eurozone economy expected to grow by 1.2% in 2024

One step away from recession: Europe shows minimal economic growth According to the consensus forecast, the eurozone economy is expected to grow at 0.2% and 0.3% Q/Q in Q1 and Q2 respectively

GDP of the Eurozone and the EU is expected to grow by 0.8% this year

EU GDP is expected to grow by 1.7% in 2024

In annual terms, GDP growth amounted to 1.3%

GDP in the eurozone increased by 0.1% compared to the previous quarter

European countries will feel the hardest hit as the Russian war hits business activity and causes a spike in energy prices

The economic growth forecast for next year is 0.3%

The indicator was worsened compared to the previous estimate of 0.7%

Brussels is also concerned about high inflation, which will peak in the third quarter of this year