EBRD outlook turns gloomy after US tariffs
“Not a very happy picture” for world economy, says institution’s chief economist
The European Bank for Reconstruction and Development (EBRD) has revised its growth figures for the regions it oversees.
In a report released today (May 13), the multilateral development bank downgrades its forecast for growth in 2025 by 0.2 percentage points relative to its forecast in February. The EBRD had previously revised its projection down by 0.3 points compared with its forecast in September.
The bank now expects economic growth to average 3% in 2025 in the face of increased global policy
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