Springtime comes for Europeโ€™s economy

The EU’s economy grew by 0.3 percent in the first quarter of the year.

EU growth prospects dim, inflation expected to further retreat: European Commission

The EU’s economy entered 2024 with subdued momentum. The European Commission downgraded its growth forecast to 0.9% for the EU and 0.8% for the euro area. Yet while inflation rates are expected to decline more than previously predicted, challenges remain.