European institutes predict mere 0.25% growth in 2023 and 0.5% in 2026 for the eurozone due to tariff war impacts. While some forecasts are slightly more optimistic, disparities exist among AIECE institutions’ projections, ranging from 0.25% to 1.4% for 2025 and 0.5% to 1.7% for 2026. Simultaneously, negotiations on collective labor agreements face challenges with unresolved issues like representation percentages and union registries. Meanwhile, government intervention in individual labor laws may precede the summer tourist season, impacting sectors like hospitality. On another front, overdue electricity debts amounting to €3.4 billion signal potential disruptions unless addressed promptly. Additionally, restructuring within public organizations like ERGOSE aims to prevent past inefficiencies. In construction, Lamda Development is reaching out to local residents regarding the massive Greek redevelopment project while facing delays in related infrastructure projects. Lastly, cybersecurity threats highlight outdated police structures unprepared for modern digital crimes.
Shocking Growth Predictions for Eurozone Amid Economic Uncertainty
—
in Economy