EU Cuts 2025 Growth Forecast to 1.1% from 1.4%

Reflects Energy Supply Crunch, Rising Prices Amid Middle East War "Prolonged Hormuz Blockade Could Halve Economic Growth"

Finance|
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By Kim Byung-jun
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#EU#EuropeanUnion#MiddleEastWar#Hormuz#Inflation#EconomicForecast#EnergyCrisis

Original reporting by Kim Byung-jun for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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