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Added on the 13/09/2021 22:24:49 - Copyright : Euronews EN
The European Commission cut its 2023 and 2024 eurozone economic growth forecasts, with the single currency area weighed down by Germany's poor performance. "The EU GDP growth for 2023 is now estimated at 0.8%, which is 0.2 percentage points lower than projected in spring," says Paolo Gentiloni, the European Commissioner for Economy. SOUNDBITE
Eurozone finance ministers come together in Brussels for their monthly meeting, with attention particularly focused on Croatia -- which joined the Eurozone at the beginning of 2023. IMAGES
Eurozone finance ministers meet in Brussels for their monthly Eurogroup meeting to discuss Euro area enlargement and the economic situation. They took the opportunity to come together for a photo and celebrate the incorporation of Croatia into the Eurozone as of January 1 2023. IMAGES
From next year, Croatia looks set to join the Schengen zone and adopt the euro.
The European Central Bank slashes its growth outlook for the eurozone to 2.8 percent in 2022 and 2.1 percent in 2023, as Russia's invasion of Ukraine wreaks havoc on the world economy. SOUNDBITE
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