Author (Corporate) | European Commission: DG Economic and Financial Affairs |
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Publisher | Publications Office of the European Union |
Series Title | European Economy: Institutional Papers |
Series Details | Number 169 |
Publication Date | February 2022 |
ISBN | 78-92-76-43938-7 |
ISSN | 2443-8014 |
EC | KC-BC-22-0006-EN-N |
Content Type | News, Report |
Summary: The European Commission published on 10 February 2022 its Winter economic forecast for the European Union (EU) and the Eurozone. Further information: The Winter 2022 Economic Forecast projects that EU economic expansion is expected to regain pace in the second quarter of 2022 after a loss in momentum caused by the surge in COVID-19 infections, high energy prices and continued supply side disruptions. The forecast forecast projects that, following an expansion by 5.3% in 2021, the EU economy will grow by 4.0% in 2022 and 2.8% in 2023. Growth in the euro area is also expected at 4.0% in 2022, moderating to 2.7% in 2023. The EU as a whole reached its pre-pandemic level of GDP in the third quarter of 2021 and all Member States are projected to have passed this milestone by the end of 2022. |
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Source Link |
Link to Main Source
https://ec.europa.eu/info/publications/european-economic-forecast-winter-2022_en
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Subject Categories | Economic and Financial Affairs |
Subject Tags | Economic Governance | Situation |
International Organisations | European Union [EU] |