Economic and Financial Affairs

Following broad economic stagnation in 2023, better-than-expected growth at the start of 2024 and the ongoing reduction in inflation set the scene for a gradual expansion of activity over the forecast horizon. The European Commission's Spring Forecast projects GDP growth in 2024 at 1.0% in the EU and 0.8% in the euro area. In 2025, GDP is forecast to accelerate to 1.6% in the EU and to 1.4% in the euro area.

If you missed the livestream of the Brussels Economic Forum or were unable to attend in person on 16 May, you can replay videos from this year’s edition on the website and watch high-level speakers discuss the hottest economic issues ahead of the EU elections.

As for all Member States, payments made to Lithuania under the RRF are performance-based and depend on the implementation by Lithuania of the investments and reforms described in its recovery and resilience plan. Overall, Lithuania's recovery and resilience plan consists of €3.85 billion, of which €2.3 billion in grants and €1.55 billion in loans.

This paper reviews developments in the euro area external position, discusses the main drivers and provides some insights into the likely determinants of the external position in the near term.

This paper explores the recent improvements to spending reviews, focusing on projects supported through different EU initiatives.

This paper proposes to approach disaster risk financing in a structured way along four pillars and three stages of development.

This paper explores the recent improvements to spending reviews, focusing on projects supported through different EU initiatives.