{"id":420875,"date":"2025-03-10T19:55:49","date_gmt":"2025-03-10T18:55:49","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/03\/10\/eurozona-crescita-attesa-sotto-1\/"},"modified":"2025-03-11T12:48:47","modified_gmt":"2025-03-11T11:48:47","slug":"eurozone-loses-momentum-growth-projected-below-1-percent","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/03\/10\/eurozone-loses-momentum-growth-projected-below-1-percent\/","title":{"rendered":"Eurozone loses momentum: growth projected below 1 percent"},"content":{"rendered":"<p>Brussels &#8211; Eurozone growth is losing momentum. Compounded by &#8220;an uncertain and unclear environment,&#8221; marked by\u00a0<a href=\"https:\/\/www.eunews.it\/en\/2025\/03\/10\/tariffs-eu-commission-admits-us-dont-seem-committed-to-a-deal\/\" target=\"_blank\" rel=\"noopener\">risks deriving from &#8220;tariffs<\/a> and security,&#8221; the outlook points to <strong>slightly lower-than-expected<\/strong> expansion, Eurogroup President <strong>Paschal Donohoe<\/strong>\u00a0admitted at the end of the work of the euro area economic ministers.\u00a0There is nothing new here. <a href=\"https:\/\/www.eunews.it\/en\/2025\/03\/10\/tariffs-eu-commission-admits-us-dont-seem-committed-to-a-deal\/\" target=\"_blank\" rel=\"noopener\">The European Commission already said that the eurozone&#8217;s economic performance is unlikely to meet expectations,<\/a> but now the scenario is becoming\u00a0real. According to\u00a0<strong>Pierre Gramegna<\/strong>, director general of the European Stability Mechanism (<a href=\"https:\/\/www.esm.europa.eu\/about-us\" target=\"_blank\" rel=\"noopener\">ESM<\/a>), &#8220;M<strong>arkets are expecting growth of Europe to be slightly lower than predicted, probably slightly below 1 percent<\/strong>.&#8221;<\/p>\n<p>The eurozone is, therefore, likely to see &#8216;zero-point&#8217; growth in\u00a02025\u2014indeed, not good news, but one that can serve to close ranks and do homework. Brussels urges\u00a0member states not to delay with reforms. &#8220;<strong>Economic growth depends on us<\/strong>,&#8221; Donohoe stresses. If the president of the Eurogroup also links this warning to the issue regarding defense investment, the Economy Commissioner, <strong>Valdis Dombrovskis<\/strong>, presses the brakes: &#8220;<strong>We are proposing flexibility for defense spending not because of the prospects of contraction, but for security reasons<\/strong>.&#8221;<\/p>\n<p>Indeed, the Economy Commissioner admits that &#8220;strengthening the European defense industry&#8221; is one of\u00a0the goals of the European policy agenda, and this could benefit\u00a0eurozone\u00a0economies\u00a0and the euro area as a whole. It is a way of saying that the loosening of internal stability pact rules that\u00a0the EU executive proposed could also help produce a new kind of growth that could offset the losses in traditional sectors. Of course, it is impossible to dispel all risks on the horizon: <strong>Dombrovskis admits that a trade war is possible when he reiterates that &#8220;the EU will react promptly and decisively to US tariffs&#8221;<\/strong> should the Trump administration confirm its intentions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eurogroup meeting serves to take note of the slowdown and its magnitude. Uncertainties related to tariffs and security weigh heavily<\/p>\n","protected":false},"author":494,"featured_media":420870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,25727],"tags":[25881,26598,25828,25832,26145,26394],"class_list":["post-420875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-in-the-spotlight","tag-dazi-en","tag-eurozone-en","tag-mes-en","tag-paschal-donohoe-en","tag-pierre-gramegna-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=420875"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420875\/revisions"}],"predecessor-version":[{"id":420915,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420875\/revisions\/420915"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/420870"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=420875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=420875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=420875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}