{"id":43733,"date":"2025-11-17T13:42:02","date_gmt":"2025-11-17T12:42:02","guid":{"rendered":"https:\/\/amec.es\/eu-maintains-growth-despite-global-environment\/"},"modified":"2025-11-17T13:43:23","modified_gmt":"2025-11-17T12:43:23","slug":"eu-maintains-growth-despite-global-environment","status":"publish","type":"page","link":"https:\/\/amec.es\/en\/eu-maintains-growth-despite-global-environment\/","title":{"rendered":"EU maintains growth despite global environment"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"43733\" class=\"elementor elementor-43733 elementor-43723\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-24e5f634 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"24e5f634\" data-element_type=\"section\" data-e-type=\"section\" 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elementor-element-31f5299d elementor-widget elementor-widget-spacer\" data-id=\"31f5299d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49d7013c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"49d7013c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c3a80ca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4c3a80ca\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5e4c51e9\" data-id=\"5e4c51e9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55ac4b13 elementor-widget elementor-widget-heading\" data-id=\"55ac4b13\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">EU maintains growth despite global environment<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-163dce08 elementor-widget elementor-widget-spacer\" data-id=\"163dce08\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f7f14e3 elementor-widget elementor-widget-text-editor\" data-id=\"2f7f14e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t17 de November de 2025\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4ebbf0 elementor-widget elementor-widget-text-editor\" data-id=\"b4ebbf0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>The latest forecasts confirm that the EU economy continues to grow above expectations in 2025. Even so, the scenario until 2027 will be conditioned by a more restrictive international environment, marked by the continuation of US tariffs and weakened global trade. <\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f1959f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"2f1959f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b478a11 elementor-widget elementor-widget-text-editor\" data-id=\"1b478a11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>While EU growth has initially surprised to the upside, the future depends on <strong>strengthening domestic drivers<\/strong> (consumption and investment) in the face of a <strong>highly volatile international trade landscape<\/strong> defined by U.S. tariffs and geopolitical risk.<\/p><h5><strong>General Economic Perspective<\/strong><\/h5><p><strong>The performance of the European economy in the first nine months of 2025 exceeded expectations.<\/strong>  Although this improved performance was initially due to an increase in exports ahead of the expected tariff hike, the continued growth in the third quarter demonstrates the resilience of the European economy.<\/p><ul><li><strong>Real GDP growth:<\/strong> EU real GDP is projected to grow by <strong>1.4%<\/strong> <strong>in 2025 and 2026<\/strong>, rising slightly to 1.5% in 2027. The Eurozone will reflect a similar trend, with growth of 1.3% in 2025, 1.2% in 2026 and 1.4% in 2027. <\/li><li><strong>Growth Drivers:<\/strong> Future growth will be supported by <strong>domestic demand<\/strong>. <strong>Investment<\/strong> is expected to pick up, driven by higher deployment of <strong>Recovery and Resilience Mechanism<\/strong> funds and increased investment in equipment spurred by the <strong>German fiscal impulse<\/strong>. <\/li><li><strong>Inflation:<\/strong> Headline inflation in the Eurozone is expected to fall to <strong>2.1% in 2025<\/strong> and remain around 2% in the following years. In the EU, inflation will be marginally higher, falling to 2.2% in 2027. <\/li><\/ul><p><span style=\"color: #ffffff;\">_<\/span><br><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-43725\" src=\"https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/GDP_growth_2025.png\" alt=\"\" width=\"800\" height=\"535\" srcset=\"https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/GDP_growth_2025.png 913w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/GDP_growth_2025-300x201.png 300w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/GDP_growth_2025-768x514.png 768w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/GDP_growth_2025-391x260.png 391w, https:\/\/amec.es\/wp-content\/uploads\/2025\/11\/GDP_growth_2025-600x402.png 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p><p style=\"text-align: center;\"><em>Source: European Economic Forecast. Autumn 2025 <\/em><\/p><h5><strong><span style=\"color: #ffffff;\">_<\/span><br>International Context<\/strong><\/h5><p>The unilateral imposition of tariffs by the US administration on almost all of its trading partners marks a significant departure from the multilateral trade order. It is assumed that the tariffs announced by the US will remain in place throughout the forecast horizon. <\/p><p>The report states that <strong>the average effective tariff faced by the EU on its exports to the US is around 10%<\/strong>, calculated on the basis of the tariff rates imposed on each exported good, weighted by the share of that good in total merchandise exports to the US.<\/p><p>Although the average effective tariff is higher than in previous forecasts, <strong>the EU still enjoys lower average tariff rates compared to other major global players<\/strong>, such as China or India. This situation provides the EU economy with a &#8220;modest relative advantage&#8221; in the U.S. market compared to those competitors. <\/p><p>US tariffs on third countries (such as China) could generate spillover effects for the EU, as <strong>a large amount of Chinese exports could be redirected to other markets, including the EU.<\/strong> While in the short term this amplifies economic losses, in the long term trade detour could generate a beneficial impact as the EU gains market share in the US. <\/p><h5><strong><span style=\"color: #ffffff;\">_<\/span><br>Economic Data for Spain<\/strong><\/h5><p>In terms of exposure to U.S. tariffs, <strong>Spain is among the least exposed countries in the EU<\/strong> due to a limited volume of goods exports to the U.S. relative to its GDP.<\/p><p>Spain&#8217;s situation is highlighted by <strong>more robust real GDP growth than the EU average<\/strong> in 2025, albeit with a significantly higher unemployment rate.<\/p><p>The forecasts for Spain are as follows:<\/p><table><tbody><tr><td><p><strong>Indicator<\/strong><\/p><\/td><td><p><strong>2025<\/strong><\/p><\/td><td><p><strong>2026<\/strong><\/p><\/td><td><p><strong>2027<\/strong><\/p><\/td><\/tr><tr><td><p><strong>Real GDP growth<\/strong><\/p><\/td><td><p>2,9<\/p><\/td><td><p>2,3<\/p><\/td><td><p>2,0<\/p><\/td><\/tr><tr><td><p><strong>Inflation (rate)<\/strong><\/p><\/td><td><p>2,6<\/p><\/td><td><p>2,0<\/p><\/td><td><p>2,0<\/p><\/td><\/tr><tr><td><p><strong>Unemployment<\/strong><\/p><\/td><td><p>10,4<\/p><\/td><td><p>9,8<\/p><\/td><td><p>9,6<\/p><\/td><\/tr><tr><td><p><strong>Current account balance<\/strong><\/p><\/td><td><p>2,7<\/p><\/td><td><p>2,7<\/p><\/td><td><p>2,7<\/p><\/td><\/tr><tr><td><p><strong>Balance of payments<\/strong><\/p><\/td><td><p>-2,5<\/p><\/td><td><p>-2,1<\/p><\/td><td><p>-2,1<\/p><\/td><\/tr><\/tbody><\/table><p> <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-308b314e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"308b314e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-23a546d1\" data-id=\"23a546d1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9cb9ba elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"f9cb9ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-710fc5f0 elementor-widget elementor-widget-heading\" data-id=\"710fc5f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Resources<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-307b59c9 elementor-widget elementor-widget-text-editor\" data-id=\"307b59c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>European Commission.  <em>European Economic Forecast. Autumn 2025 <\/em><\/p><p><a href=\"https:\/\/economy-finance.ec.europa.eu\/document\/download\/34538512-fff6-451a-8bbc-4c8d60e4d132_en\" target=\"_blank\" rel=\"noopener\">https:\/\/economy-finance.ec.europa.eu\/document\/download\/34538512-fff6-451a-8bbc-4c8d60e4d132_en<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-83e541 elementor-widget elementor-widget-spacer\" data-id=\"83e541\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The latest forecasts confirm that the EU economy continues to grow above expectations in 2025. Even so, the scenario until 2027 will be conditioned by a more restrictive international environment, marked by the continuation of US tariffs and weakened global trade. While EU growth has initially surprised to the upside, the future depends on strengthening [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"inline_featured_image":false,"footnotes":""},"categories":[355],"tags":[],"class_list":["post-43733","page","type-page","status-publish","hentry","category-exclusive-alerts-and-trends"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EU maintains growth despite global environment | amec Positive Industry<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/amec.es\/en\/eu-maintains-growth-despite-global-environment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU maintains growth despite global environment | amec Positive Industry\" \/>\n<meta property=\"og:description\" content=\"The latest forecasts confirm that the EU economy continues to grow above expectations in 2025. 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