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November 23, 2021

EU recovery expected to continue but significant downside risks are emerging

  Longer term market prospects in the EU27 look reasonable as the economic expansion in the region is expected to continue, although there are significant downside risks emerging, according to the EU Autumn 2021 Economic Forecast published on 11 November.  According to the Forecast, the EU economy is set to grow by 5% this year and to keep a solid pace of growth of 4.3% next year before easing to 2.5% in 2023. A strong rebound in the second and third quarters of this year lifted the EU economy back to around its level of ...

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