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Macro - Country Economic Forecasts - Eurozone

Publisher Oxford Economics
Published Mar 12, 2025
Length 6 Pages
SKU # OFE19929301

Description

We continue to expect the Eurozone's GDP will grow by 0.9% in 2025 and 1.2% in 2026. However, we have adjusted our assumption on EU military spending, which we think will gradually increase to 3% of GDP by end of the decade. This prompted us to raise our GDP projections slightly from next year.

Table of Contents

6 Pages
Eurozone: Military spending will gradually increase
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
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