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The European Commission's Autumn 2025 Economic Forecast shows that growth in the first three quarters of 2025 outperformed expectations.
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The EU economy outperformed expectations in the first nine months of 2025, as exports were frontloaded in anticipation of tariffs and investment was stronger than anticipated.
This Quarterly report examines three policy topics: recent trends and challenges in EU tax expenditures, the effect of public defence R&D on private R&D, and the impact of monetary policy on labour supply.