According to economic forecasts published on Tuesday, 19 April, the International Monetary Fund (IMF) estimates that the euro-area economy will not grow more than 2.8% in GDP in 2022 and 2.3% in 2023.
This 1.1% drop in GDP compared to the previous growth forecasts published in January is primarily due to the fact that European countries are particularly affected by rising energy prices—Germany and Italy being especially dependent on Russian oil.
Spain is expected to grow 4.8% in...