Labor shortages and affordable energy remain key issues in maintaining the momentum of the economy. This outlook increase has taken on a cautious optimism, both among market analysts and business leaders alike. “This is a watershed moment for the EU economy to consolidate its recovery and lay the ground for sustainable growth,” said Pierre Lemieux, a leading economist in Brussels. The forecast serves as a much-needed boost for European policymakers as they prepare for important discussions on trade, climate policy, and economic reform over the next few months.
