Economic Indicators
EU sees cautious optimistic economic signs
2023.01.16 12:22
EU sees cautious optimistic economic signs
By Kristina Sobol
Budrigannews.com – According to EU trade commissioner Valdis Dombrovskis, on Monday, the European Union may have avoided the severe economic recession that was predicted by some a few months ago when energy prices were skyrocketing, but that does not mean the region is completely out of the woods yet.
“Clearly, we are observing some encouraging signs, such as the continued strength of the EU labor market. There are also hints that inflation may have reached its peak. However, “I would say we must remain vigilant,” he told reporters prior to a meeting of the Eurogroup.
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