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    • 4.0%

      • Following a strong recovery by 5.3% in 2021, the EU economy is now forecast to grow by 4.0% in 2022, as in the euro area, and by 2.8% in 2023 (2.7% in the euro area).
      economy-finance.ec.europa.eu/economic-forecast-and-surveys/economic-forecasts/winter-2022-economic-forecast-growth-expected-regain-traction-after-winter-slowdown_en
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  2. Macroeconomic projections aim to predict and understand the future state of the economy on a broad scale. They include information related to economic growth, inflation, wages, unemployment and trade. Eurosystem and ECB staff produce macroeconomic projections that cover the outlook for the euro area and the wider global economy.

  3. Nov 11, 2022 · The contraction of economic activity is set to continue in the first quarter of next year. The EU and euro area, and most Member States, are therefore expected to experience a technical recession this winter. Growth would return in spring, as inflation progressively relaxes its grip on the economy.

  4. Nov 11, 2022 · Autumn Forecast 2022. The EU economy is at a turning point. The shocks unleashed by Russia’s war of aggression against Ukraine are denting global demand and reinforcing global inflationary pressures. As a result, although growth in 2022 is set to be better than previously.

  5. Jul 14, 2022 · European Economic Forecast. Summer 2022. The shocks unleashed by Russia’s war of aggression against Ukraine continue to negatively affect the EU economy, setting it on a path of lower growth and higher inflation compared to the Spring Forecast.

  6. Jan 31, 2022 · In seven chapters, the authors of the publication explain and analyse the EU annual budget and give an overview of its headings for 2022, all within the wider budgetary context of the EU’s post-2020 Multiannual Financial Framework (MFF) and the Next Generation EU (NGEU) recovery fund.

  7. Sep 8, 2022 · Compared with the June 2022 Eurosystem staff projections, the outlook for GDP growth has been revised up by 0.3 percentage points for 2022, following positive surprises in the first half of the year, and revised down by 1.2 percentage points for 2023 and by 0.2 percentage points for 2024, mainly owing to the impact of energy supply disruptions ...

  8. Once current headwinds abate, economic activity is expected to pick up again. This outlook is broadly reflected in the Eurosystem staff macroeconomic projections, which foresee annual real GDP growth at 2.8% in 2022, 2.1% in 2023 and 2.1% in 2024.

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