{"id":465456,"date":"2026-09-18T15:12:46","date_gmt":"2026-09-18T13:12:46","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/09\/18\/dombrovskis-prevediamo-rallentamento-della-crescita-il-prossimo-anno\/"},"modified":"2026-09-18T16:49:00","modified_gmt":"2026-09-18T14:49:00","slug":"dombrovskis-we-expect-growth-to-slow-next-year","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/09\/18\/dombrovskis-we-expect-growth-to-slow-next-year\/","title":{"rendered":"Dombrovskis: “We expect growth to slow next year”"},"content":{"rendered":"

Brussels \u2013 Things are starting to look bleak for the European Union: “According to the latest estimates from the European Commission, we are forecasting a slowdown in growth for next year.<\/strong>” The Commissioner for Economic Affairs, Valdis Dombrovskis<\/strong>, has dampened the optimism expressed so far regarding the eurozone\u2019s resilience and confirmed that the general trend has reversed. At the conclusion of the proceedings of the Eurogroup<\/a>, he points out that \u201c<\/span><\/span><\/span>Europe has productivity problems,\u201d but the twelve-star competitiveness is inevitably beginning to feel the effects of rising energy prices: an issue back on the ministers\u2019 agenda with renewed urgency<\/a>. <\/p>\n

Faced with this deterioration in the situation, “Member States must give priority to prudent fiscal policies<\/strong>, while adhering to the targets set out in their medium-term plans and implementing targeted and temporary energy support measures,<\/strong>\u201d insists Dombrovskis, setting the stage for a clash with the Italian government, which is determined to respond to rising energy prices. The Minister for the Economy, Giancarlo Giorgetti<\/strong>, has made this a priority for the country and for the government\u2019s agenda: \u201cI’ve<\/span><\/span><\/span> made a fairly clear and direct statement regarding the reality we are currently facing in the economy in Europe and in Italy,\u201d explains the Finance Minister. In summary, he elaborates, the new energy crisis is \u201ca genuine emergency,\u201d<\/strong> particularly for Italy, a manufacturing nation where industry is beginning to suffer. <\/p>\n

Giorgetti also takes issue with the European Central Bank and the decision to raise interest rates<\/a>, as the tightening of monetary policy has meant that \u201cthe debt burden has begun to rise at an alarming rate.\u201d Admittedly, the decision taken in Frankfurt \u201cmay help, but it does not in itself solve the problem.\u201d The hope is for an exemption from the Stability Pact rules, and \u201cI believe the Commission will be open to granting us this leeway,\u201d the Minister for the Economy confides. <\/p>\n

While the Commission is urging that public spending and debt be kept under control, warning against continuing with measures to tackle high energy prices and sparking a row with Italy, the same EU executive is calling for a coordinated response to high energy prices. “Building a more competitive Europe is a shared responsibility.”<\/span><\/span> Therefore, Dombrovskis emphasises, \u201cwe must all be prepared to shoulder this responsibility, acting together on all fronts and at all levels.\u201d Including the energy sector. The Commission, he assures, \u201cis ready to support Member States\u201d in responding to rising prices.<\/span><\/span><\/span><\/p>\n

 Ministers are divided over what to do. Germany and Austria are calling for taxes on energy companies\u2019 windfall profits. Spain supports the idea and is asking Italy and Poland to back it. France is putting the brakes on: \u201cWe must take national specificities into account,<\/strong>\u201d  thunders Paris\u2019s Finance Minister, Roland Lescure, convinced that when faced with a common problem, \u201cthe solutions are different.\u201d He is awaiting the European Commission and any proposals it may put forward, but is keen to ask that they be \u201ctailor-made\u201d. <\/p>\n

Faced with divided nations, the President of the Eurogroup, Kyriakos Pierrakakis<\/strong>, sees no alternative but to \u201caccelerate our path towards greater energy independence.<\/strong>\u201d This means implementing the sustainability agenda and the green transition without delay: \u201cDevelopments in the Middle East are once again putting upward pressure on oil and gas prices, with direct consequences for our citizens and our businesses.\u201d<\/span><\/span> Making the green economy a reality \u201cis now more important than ever. Our economy, our competitiveness, and our security are at stake.\u201d<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Commissioner for the Economy admits that high energy prices will weigh on economic performance in 2027. Pierrakakis: \u201cWe must accelerate the green transition.\u201d France puts the brakes on a tax on energy companies\u2019 windfall profits. Giorgetti calls for exemptions from the Stability Pact<\/p>\n","protected":false},"author":494,"featured_media":465438,"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","show_comment_section":"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],"tags":[25881,25828,28413,25829,33066,25979],"class_list":["post-465456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-eurozone-en","tag-expensive-energy","tag-giancarlo-giorgetti-en","tag-kyriakos-pierrakakis","tag-valdis-dombrovskis-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/465456","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=465456"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/465456\/revisions"}],"predecessor-version":[{"id":465457,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/465456\/revisions\/465457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/465438"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=465456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=465456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=465456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}