EU leaders in the eurozone expect falling inflation to bring an economic recovery but acknowledged “economic activity is subdued in the near term” in a statement on Friday. The European Union economy needs to be “more resilient and competitive” for the bloc to remain influential, European Council President Charles Michel said on X, formerly known as Twitter. Michel chaired the Brussels meeting of countries using the euro single currency convened to tackle sluggish economic growth in the eurozone. As well as working closer on public spending rules, EU leaders agreed to advance work towards impr…