European growth faces pressure from US tariffs, China – EBRD

September 25, 2025admin

Former Italian Prime Minister and economist Mario Draghi delivers a speech as he presents his plan to strengthen Europe's competitiveness, at a plenary session of the European Parliament in Strasbourg, eastern France, on September 17, 2024. (Photo by FREDERICK FLORIN / AFP)

Economic Growth in Southeast Europe Faces Challenges in 2026, Says EBRD

LONDON, United Kingdom — Economic growth in southeast Europe is expected to be strained next year due to a combination of factors including US tariffs, increased competition from China, and government budget pressures, the European Bank for Reconstruction and Development (EBRD) forecast on Thursday.

The London-based development bank slightly downgraded its growth forecast for the region in 2026. Despite this, the EBRD revised upwards its expectations in some other areas, reflecting a mixed outlook for the coming year.

https://business.inquirer.net/549145/european-growth-faces-pressure-from-us-tariffs-china-ebrd