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Europe Daily Bulletin No. 12993

15 July 2022
ECONOMY - FINANCE - BUSINESS / Economy
Invasion of Ukraine and global slowdown, European Commission more pessimistic in its growth and inflation forecasts
Brussels, 14/07/2022 (Agence Europe)

The European Commissioner for the Economy, Paolo Gentiloni, presented, on Thursday 14 July, an interim summer economic forecast downgraded from the spring forecast, mainly due to the consequences of the Russian military aggression against Ukraine, which is exacerbating a pre-existing rise in energy prices.

The Summer Forecast for real gross domestic product growth in 2022 remains unchanged: it was estimated at 2.7% in 2022 in the European Union and 2.6% in the euro area, compared to 2.7% in...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
SECURITY - DEFENCE
COURT OF JUSTICE OF THE EU
INSTITUTIONAL
Russian invasion of Ukraine
SOCIAL AFFAIRS
COUNCIL OF EUROPE
NEWS BRIEFS