$1 trillion this year the world economy will lose due to the Russian invasion of Ukraine

Russia’s full-scale invasion of Ukraine is accompanied by economic consequences around the world – this year alone, the war reduced the forecast of world GDP by $1 trillion. This, referring to their own calculations, reports The Economist. According to The Economist Intelligence Unit’s (EIU) World Economic Outlook on February 15, global GDP should have grown […]

The EU Commission revised the forecast for the Greek economy downward by 3.5%

The European Commission has revised down its forecasts for the Greek economy, forecasting GDP growth of 3.5% in 2022 and 3.1% in 2023 from 4.9% and 3.5%, respectively, compared to its forecasts. taken in February last year. On Monday, the European Commission published its spring report on economic growth in member countries. EU entitled “Economic […]