EU to Lower Economic Growth Forecast, Says Dombrovskis

The European Commission is set to revise its economic growth forecast for this year downward, according to Valdis Dombrovskis, Executive Vice President of the European Commission. According to Jin10, Dombrovskis highlighted the need for adjustments in light of current economic conditions. The decision reflects ongoing challenges within the European economy, necessitating a reassessment of growth expectations. This move comes amid broader economic uncertainties affecting the region.