Clean-Tech Exports from Central and Eastern Europe Poised to Bolster EU Green Growth, World Bank Report Finds
December 19, 2024--Clean technology exports from Central and Eastern Europe have the potential to at least triple, strengthening the EU economy and its global competitiveness, according to the latest EU Regular Economic Report by the World Bank. |
The annual report highlights the EU's emergence from an unprecedented tightening cycle, avoiding a deep recession and widespread job losses. GDP growth is forecast at 1.4 percent in 2025, although with variation among member states. With easing inflation and sustained nominal wage increases, real wages-after a sustained decline-are showing signs of improvement. However, risks remain, including geopolitical tensions, trade disruptions, and uneven economic recoveries coupled with elevated costs of living across the bloc. |
Columbia Threadneedle Investments expanding US active ETF range to Europe
May 19, 2025--A 'natural expansion' for the firm |