EU cuts eurozone growth forecast as Ukraine invasion inflates energy costs - TheJournal.ie

Ireland is still expected to be the second fastest growing economy in the eurozone, with GDP set to increase by 5.4%.

The European Commission on Monday sharply cut its eurozone growth forecast for 2022 to 2.7%, blaming skyrocketing energy prices caused by Russias invasion of Ukraine. The war also spurred the EUs ex… [+2282 chars]

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