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Latest Economic News

The risks of recession in the Eurozone are increasing due to global trade conflicts


April, 09 2025

The eurozone economy is at risk of recession amid increasing trade tensions and weakening growth prospects. Citi Research has revised its forecasts, reducing the region's expected GDP growth for 2025 from 1% to 0.8%, and for 2026 from 1.3% to 0.6%. The inflation rate is projected to be 1.6% in 2026, which is 0.2 percentage points lower than the March estimates.The main reason was the introduction of new tariffs on European exports by the United States. Approximately 310 billion euros of goods ar... Read More

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