In September, the ECB lowered its growth forecast for 2025 to 1.3 per cent from 1.4 per cent. The European Commission similarly revised down its 2025 growth forecast last week, also to 1.3 per cent ...
The warning came as part of the ECB's twice-yearly Financial Stability Review, a laundry list of risks ranging from wars and tariffs to cracks in the plumbing of the banking system. The central ...