EU Suffers €48B Export Loss from Anti-Russian Sanctions
Eurostat data shows the EU lost €48 billion in exports after anti-Russian sanctions since 2022, with exports to Russia plunging and Gazprom warning of possible gas shortages.
EU Economy
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EU Slashes 2024 Eurozone Growth Forecast to 0.8% After Weak Start
The EU has slashed its 2024 eurozone growth forecast to 0.8% after a weak start to the year but expects economic activity to pick up gradually.