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Added on the 15/05/2023 12:29:12 - Copyright : AFPTV - First images
Paolo Gentiloni, European Commissioner for Economy, announces that the EU is sharply cutting its eurozone growth forecast for 2022 to 2.7 percent as the bloc struggles with skyrocketing energy prices due to the war in Ukraine. SOUNDBITE
The European Central Bank nudges up its expectations for growth and inflation in the euro area this year, whilst keeping its main interest rate unchanged in negative territory.
The OECD raises its forecast for global growth in 2024, boosted by a dynamic recovery in the United States as the eurozone lags behind. The Paris-based organisation says it now sees this year's global growth at 3.1 percent, up from its February projection of 2.9 percent SOUNDBITE
The EU sharply cut its eurozone growth forecast for 2024, Commissioner for the Economy Paolo Gentiloni says. Gentiloni says the European Commission predicts the single-currency economic area to grow by 0.8 percent in 2024, down from a previous forecast of 1.2 percent. SOUNDBITE
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