Europe and Central Asia enter 2026 with slowing economy

2026-01-28 - 06:42

The World Bank has published an updated Global Economic Prospects report, according to which economic growth in the Europe and Central Asia (ECA) region slowed to 2.4 percent in 2025. One of the most significant factors was a decline in private consumption, particularly in Russia, where tight monetary policy continues to weigh on economic activity.