The European Bank for Reconstruction and Development raises the growth expectations for the year to 3.1 percent

The European Reconstruction and Development Bank report raised its forecast for growth in 2025, slightly to 3.1 percent, for the first time in more than a year, but warned that the effects of customs duties and wars will affect growth in 2026.

The report, which covers the emerging economies in Europe, Central Asia, the Middle East and Africa, pointed to a growing variation with the delay in the growth of European countries emerging from registered expansion elsewhere.

The estimates of 2025 are excluded from the bank of the bank – Iraq and six countries from the sub -Saharan Africa, including Nigeria, Kenya and Ghana – but are listed in the report for the first time.

“The latest report showed the story of multiple pressure points, and a story of contrast in performance between emerging Europe and other operations areas,” said the bank’s chief economist Peta Yafurcik.

It warned that the height of debts, the return of inflation, the prolonged wars, and the customs duties threaten all the economies of the European Bank for reconstruction and development.

“Debt payments as a percentage of gross domestic product are high in most countries, which casts a shadow over the sustainability of public finance in the long term,” said Yafurcik.

It also indicated that the public debt of the European Bank for Reconstruction and Development is considered “very high” – almost as it was in 1990 – and the cost of serving this debt has become an important clause in the budgets.