Tariffs and defence spending: S&P Global slashes eurozone and UK growth forecast
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Euronews.com
22 napja
S&P Global's report predicts a 0.4% reduction in eurozone GDP due to economic uncertainty and US tariffs, lowering growth expectations for 2025 from 1.2% to 0.9%. Chief Economist Sylvain Broyer emphasizes that uncertainty poses a greater risk than tariffs. However, fiscal stimulus in Germany and the EU may lead to a 1.4% GDP growth in 2026. The UK faces a halved growth forecast of 0.8% due to high inflation and weak exports, with potential impacts from US tariffs on car exports. The Bank of England is expected to cut rates amid inflation pressures. Teljes cikk (Euronews.com)