German economy forecast to lag eurozone growth until 2026
The German economy is expected to significantly underperform the eurozone average until at least 2026, according to the European Commission's Autumn Forecast released on Friday.
Finance Minister Nirmala Sitharaman on Friday met Paolo Gentiloni, Commissioner of Economy at EU Commission, on the sidelines of IMF-WBG Annual Meetings here.
Both leaders discussed issues related to the global economy and furthering India-EU collaboration during the G20 India Presidency in 2023.
Union Finance Minister Smt. @nsitharaman met Mr @PaoloGentiloni, Commissioner of Economy @EU_Commission, on the sidelines of IMF-WBG #AnnualMeetings, in Washington DC, today. (1/3) pic.twitter.com/UIA44p3541
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— Ministry of Finance (@FinMinIndia) October 14, 2022
Both sides discussed the need to further strengthen multilateral development banks to enable them to help countries in need.
They also agreed that G20 had a major achievement on international taxation and the momentum on this must be maintained.
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