EU

The European Commission has downgraded its 2026 growth forecast for the EU economy to 1.1%, citing increased energy prices due to the Middle Eastern conflict. The eurozone outlook fell to 0.9%, reflecting risks from global energy market disruptions and escalating inflation, now expected to reach 3.1%.

EUROPE MORNING BRIEFING

This morning, the Iranian ambassador to the UN reaffirmed that Tehran does not attack civilian sites in the Gulf, despite accusations. He indicated that any facility used to target Iran, including in Europe, could become a legitimate military target.

From our sponsors
Advertisement
Advertisement