European Commission lowers EU, eurozone economic growth forecast


  • World
  • Thursday, 16 Nov 2023

BRUSSELS, Nov. 15 (Xinhua) -- The European Union's (EU) economy lost momentum in 2023, according to the European Commission's Autumn Economic Forecast published here on Wednesday.

The Commission has downgraded its forecast for economic growth in both the EU and the eurozone this year to 0.6 percent from the previously projected 0.8 percent.

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