Economists Have Reduced the Forecast for the Eurozone.

Economic growth forecasts for the Eurozone in the coming years have been revised downward, reports Bloomberg.

According to analysts, it is expected that in 2025, the economy will grow by 1% instead of the previous 1.2%. The forecast for 2026 has also been lowered from 1.4% to 1.2%.

The situation is particularly challenging in Germany, where the manufacturing sector is experiencing a prolonged decline. Growth forecasts for the German economy in 2025 have been reduced by 0.3 percentage points to 0.4%, and for 2026 to 1%. Forecasts for France have also worsened, but those for Spain have improved slightly.

The new forecasts have turned out to be more pessimistic than the estimates of the European Central Bank, which has lowered interest rates for the fourth Time since June and adjusted its forecasts.

Despite this, ECB representatives are counting on an economic recovery due to rising household incomes and stabilization of inflation at around 2%. However, experts note that the bank has repeatedly overestimated the speed of the realization of this stimulus.