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The 27-member bloc predicts marginal growth of less than one percent this year, raising concerns about potential economic challenges aggravated by risk factors like inflation, escalating geopolitical tensions in the Middle East, rising wages, strikes and cuts to energy subsidy programs.
European Union (EU) member states have agreed on a €50 billion ($54 billion) support package for Ukraine over four years, overcoming Hungary's resistance. But where will the EU get that money?
European governments are stripping EU farmers from subsidies and benefits while sending tens of billions of euros to Ukraine, American columnist George Szamuely told Sputnik.
Farmers have gone on strike across Europe against cuts to government subsidies and green policies and taxes they say are driving them out of business.
Eurozone inflation slowed faster than expected in November to a two-year low of 2.4 percent, after peaking at around 10% last year.