The European Union's economy is performing slightly better than anticipated despite challenges like the dispute over tariff rates with the United States, trade tensions with China and international conflicts.
The bloc's real gross domestic product (GDP) is expected to grow by 1.4% in 2025 and 2026, new figures by the European Commission presented on Monday showed.
This is up from the 1.1% for the current year seen in the previous economic forecast published in May. Estimated growth for 2026 has been revised down slightly from May's 1.5% forecast.
"While the strong performance was initially