Brussels, Belgium, May 21, 2026 (AFP) - EU slashes eurozone 2026 growth forecast on Mideast war

NAMPA / AFP

2026-05-21

The eurozone economy will expand less than expected this year and inflation will be significantly higher than forecast, the EU executive said Thursday, as the Middle East war and subsequent energy shock take their toll. The European Commission said the single currency area's economy was expected to grow 0.9 percent in 2026, down from a previous prediction of 1.2 percent, "as the conflict in the Middle East triggers a new energy shock that reignit......

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