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By Clare Nuttall in Glasgow The European Bank for Reconstruction and Development (EBRD) has lowered its growth forecasts across its regions of operations for 2024 and 2025, citing a range of economic pressures. In the latest Regional Economic Prospects report released on September 26, the EBRD projects growth of 2.8% for 2024, a slight reduction from its previous estimate of 3.0% in May 2024. The forecast for 2025 has also been revised downward by 0.1 of a percentage point (pp) to 3.5%. While the growth forecast has been slightly downgraded, signs of easing inflation and a rebound in real wage…

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