Eu-lac road to 2023

1. What is the European economic Outlook for 2023?
2. Which country will join EU next?
3. What is the European Commission growth forecast?
4. Will Moldova join the EU?

What is the European economic Outlook for 2023?

GDP is projected to expand by 0.8% in 2023 and 1.6% in 2024 (0.9% and 1.5% in the euro area). Headline inflation in the EU is forecast to fall from 9.2% in 2022 to 6.4% in 2023 and 2.8% in 2024. In the euro area, it is projected to decelerate from 8.4% in 2022 to 5.6% in 2023 and to 2.5% in 2024.

Which country will join EU next?

Western Balkans

Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia have all been officially granted candidate status. Kosovo, which is not recognised by 5 EU states nor by Serbia, applied on 14 December 2022 and is considered a potential candidate by the European Union.

What is the European Commission growth forecast?

Overall, the growth forecast for 2023 has been revised up to 0.8% in the EU and 0.9% in the euro area. For 2024, GDP growth is expected at 1.6% in the EU and 1.5% in the euro area, unchanged compared to the Autumn Forecast.

Will Moldova join the EU?

Moldova applied for EU membership in March 2022 and was granted EU candidate status in June 2022.