Published: May 16th, 2024,
Last updated: May 30th, 2025

The European economy is only gaining momentum very slowly. EU-wide GDP is expected to grow by one percent this year and 0.8 percent in the eurozone. Things should look a little better in 2025, with growth forecasts of 1.6 percent for the EU and 1.4 percent for the eurozone. This was announced by EU Economic Affairs Commissioner Paolo Gentiloni when this year’s spring forecasts were published yesterday, Wednesday.