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European Commission slashes GDP forecasts on tariff impact

By Benjamin Chiou

Date: Monday 19 May 2025

(Sharecast News) - The European Commission has slashed its forecasts for economic growth across the EU and eurozone over the next two years as trade tariffs hit activity more than previously thought.
The Commission now expects EU GDP growth to accelerate to 1.1% in 2025 and 1.5% in 2026, according to...

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