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Gentiloni, EU growth forecast at 4% is no longer realistic

2022-03-14T14:18:09.246Z


The economic impact of the war in Ukraine and "the additional costs on the budgets of member countries will certainly have a slowing effect on EU growth forecasts". (HANDLE)


(ANSA) - BRUSSELS, MARCH 14 - The economic impact of the war in Ukraine and "the additional costs on the budgets of member countries will certainly have a slowing effect on EU growth forecasts".

This was said by the European Commissioner for the Economy, Paolo Gentiloni, arriving at the Eurogroup.


   "We had forecast a growth of 4% for this year at European level and these numbers are no longer realistic", he explained.

(HANDLE).


Source: ansa

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