EU cuts growth forecasts as Middle East war drags on

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Source: Politico
Published: 2026-05-21 19:32 UTC+10:00
Section: Debt
Factuality Score: 92
Opinion Category: Neutral
Topics: Middle East, Europe, Military & Defence, Energy, Tax & Budget, Elections, Business & Economy, War & Conflict
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Snippet:
BRUSSELS — The European Commission on Thursday downgraded economic growth estimates to 1.1 percent, as surging energy prices fueled by the Middle East war cause a slowdown.
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