Questions swirl about the strength of China’s recovery from Covid lockdowns, and there’s talk of recession in the United States. Yet Europe’s economic prospects have brightened in recent months, according to the European Commission. The EU’s executive arm on Monday upgraded its growth outlook for 2023 and 2024. It now expects the EU economy to expand 1% this year, up from an estimate of 0.8% in February. Growth next year is pegged at 1.7%, an upward revision of 0.1 percentage points.
“The key factors underpinning this forecast go in opposite directions: on the one hand, declining energy prices and a resilient labor market and, on the other hand, tightening financial conditions,” Paolo Gentiloni, the European Commission’s economy minister, said at a press conference. “Heightened risk perception” among banks after recent tumult in the sector is making it harder to access credit, while rising rates are eating into loan demand, Gentiloni noted.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Flower seller in S.F. Union Square looks for Mother's Day business bounceBusiness at Union Square Flowers in San Francisco has fallen of with the decrease in foot traffic but its owner remained hopeful as Mother's Day approached.
Fuente: KPIXtv - 🏆 443. / 53 Leer más »
Vice Media files for Chapter 11 bankruptcy ahead of planned sale | CNN BusinessVice Media filed for Chapter 11 bankruptcy protection Monday to facilitate a sale of the company, according to court documents and a statement from the struggling media group.
Fuente: cnni - 🏆 326. / 59 Leer más »
Sexual harassment debate breathes new life into China's #MeToo movement | CNN BusinessA heated online debate on the definition of sexual harassment has broken out in China in the wake of a series of allegations made against an influential screenwriter, rekindling interest in the country's struggling MeToo movement.
Fuente: CNN - 🏆 4. / 95 Leer más »
Ex-ByteDance employee claims China had 'supreme access' to all data | CNN BusinessChina's Communist Party had 'supreme access' to all data held by TikTok's parent company Bytedance, including on servers in the United States, a former employer who is bringing a wrongful termination lawsuit has alleged.
Fuente: cnni - 🏆 326. / 59 Leer más »
Economy | CNN BusinessKate Spade’s $500 “sheepdog” bag is an example of how companies keep raising prices -- and consumers keep paying them.
Fuente: CNN - 🏆 4. / 95 Leer más »