European growth faces pressure from US tariffs, China – EBRD

LONDON, United Kingdom — Economic growth in southeast Europe is expected to be strained next year due to a combination of US tariffs, increased competition from China, and government budget pressures, the European Bank for Reconstruction and Development (EBRD) forecasted on Thursday.

The London-based development bank slightly downgraded its growth forecast for its regions in 2026, while simultaneously revising upwards its expectations for other areas.

https://business.inquirer.net/549145/european-growth-faces-pressure-from-us-tariffs-china-ebrd

Leave a Reply

Your email address will not be published. Required fields are marked *