Where is the growth?

In this episode of The Sound of Economics, host Rebecca Christie discusses the European Commission’s spring economic forecast with Bruegel’s Andreas Billmeier and Mahmood Pradhan. Growth is slowing down while inflation surges in response to higher energy prices. Is the job market on the brink of a bigger slump? Will energy markets adjust again or will this cycle last longer? How might the European Central Bank react? Looking outside the European Union, how is the UK economy faring? Will the costs of Brexit force a reassessment of UK-EU relations in London? As long as global conditions remain so uncertain, European economies are unlikely to bounce back – so how can policymakers find the growth they need? With bigger economies like Germany and Italy in the doldrums while Poland, Denmark and Sweden show more resilience, how should the EU respond and what could be coming next? Relevant research: • European Commission (2026) 'Spring 2026 economic forecast: Slowdown in growth as energy shock drives up inflation (https://economy-finance.ec.europa.eu/...) ', 21 May  • Weder di Mauro, B. and J. Zettelmeyer (2026) 'The new global imbalances: why care, why now and what should be done? (https://www.bruegel.org/essay/new-glo...) ', Essay 01/2026, Bruegel