EU Growth Forecasts Cut Amid US Trade Threats

EU officials brace for grim growth forecasts in 2026, citing Trumps trade threats and higher tariffs. ECB anticipates just 1% growth, down from 1.4% in May. Germanys growth outlook drops to below 1%, while France faces worst budget deficit. Italy, however, reduces deficit faster than expected, potentially earning a ratings upgrade.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.