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BTCC / BTCC Square / Global Cryptocurrency /
EU Downgrades 2025 Growth Forecasts Amid Trade Uncertainties

EU Downgrades 2025 Growth Forecasts Amid Trade Uncertainties

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-19 15:24:01
0

The European Commission has slashed its 2025 growth projections for the eurozone to 0.9%, down from November’s 1.3% forecast, citing escalating trade tensions. The broader EU bloc is now expected to expand by just 1.1%, a significant retreat from earlier 1.5% estimates.

Persistent US tariffs—ranging from 10% on general goods to 25% on steel, aluminum, and autos—continue to weigh on European exports. Retaliatory measures by China and other trading partners have compounded the pressure, creating what Commission economists describe as a ’weakening global trade outlook’ with materially depressed export growth.

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