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, the EU said Thursday, as the Middle East war and subsequent energy shock take their toll. The European Commission said the single currency area's economy is expected to grow 0.9 percent in 2026, down from a previous prediction of 1.2 percent. The EU also sharply raised its prediction for inflation in the 21-nation eurozone this year to 3.0 percent, up from 1.9 percent in the last fore......

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