These factors have significantly hampered the bloc**;s growth prospects. Growth projections have been capped at a modest * to *.* per cent until ****. Growth disparities are evident, with some regions showing moderate growth while others teeter on the brink of recession. As the current inflation stands at *.* per cent, the ECB is sceptical about the bad days gone by. As we live in a globalised world, trade is paramount, even in the face of a shallow recession.
Recession on, trade off
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