Former Italian Prime Minister and economist Mario Draghi delivers a speech as he presents his plan to strengthen Europe's competitiveness, at a plenary session of the European Parliament in Strasbourg, eastern France, on September 17, 2024. (Photo by FREDERICK FLORIN / AFP)
LONDON, United Kingdom — Economic growth in southeast Europe is expected to be strained next year by US tariffs, increased competition from China, and government budget pressures, Europe’s development bank forecast Thursday.
The London-based European Bank for Reconstruction and Development (EBRD) slightly downgraded its growth forecast for its regions in 2026, while revising upwards its expectations in other areas.
https://business.inquirer.net/549145/european-growth-faces-pressure-from-us-tariffs-china-ebrd
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