# @cgtneurope on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DYmjj12FlTk
- **Gondola URL:** https://gondola.cc/posts/65884922-cgtneurope-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/6dd24ddd0e.jpg
- **Posted:** 2026-05-21T13:30:14.000+00:00
- **Account Owner:** CGTN Europe (@cgtneurope) — https://gondola.cc/cgtneurope

## Caption

The euro zone economy will slow in 2026 after war in the Middle East triggered the second energy shock in less than five years with the severity of the hit determined by how long the conflict drags on, the European Commission said on Thursday.⁣
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The surge in oil prices to above $100 a barrel will push up inflation and depress sentiment among firms and households, it added.⁣
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The European Commission now forecasts euro zone gross domestic product growth will slow to 0.9% in 2026 from 1.3% in 2025, with a rise of 1.2% in 2027.⁣
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#news #EU #economy #euro #eurozone

## Stats

- **Views:** 0
- **Likes:** 21
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## Tags

economy, news, euro, eu, eurozone

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