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EU's 2024 Economic Growth Forecasts Cut as Bloc's Big Guns Hit Recession - Vimarsana News

EU's 2024 Economic Growth Forecasts Cut as Bloc's Big Guns Hit Recession

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.