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Montevideo, November 21st 2024 - 23:58 UTC

Tag: Euro zone inflation

  • Tuesday, July 12th 2022 - 18:54 UTC

    Euro-zone inflation, things will get worse before they begin to improve

    Economics Commissioner Paolo Gentiloni warned “we're heading into rough waters,” at “very limited, reduced and slower economic growth”

    The Euro-group, (countries using the Euro) finance ministers said that combating inflation was their number one priority. The announcement follows on the European Commission revised economic forecast anticipating dwindling growth and increasing geopolitical and natural disruptions to business as the biggest drags on the economy as a whole.