Growing Economies

• The IMF forecasts that ten European economies, including Malta and Kosovo, could grow twice as fast as the eurozone through 2031. • Kosovo is projected to grow nearly 4% annually on average, though growth is expected to dip to 3.6% in 2025 and 3.3% in 2026 due to political deadlock. • Economic resilience in Kosovo is driven by a young workforce, public investment, and significant remittances from the diaspora in Germany and Switzerland.

• The IMF forecasts that the eurozone will grow by just over 1% annually through 2031, though smaller European economies are expected to significantly outperform this average. • Malta leads the medium-term growth rankings with an expected annual increase of nearly 4% over the next five years. • Ukraine is also projected to outpace the eurozone by more than two to one, driven by diaspora remittances from Germany and Switzerland, public infrastructure spending, and a growing banking sector.

• The Commerce Department's Bureau of Economic Analysis reported that U.S. economic growth rebounded in the first quarter of 2026. • GDP increased in 46 states and Washington, D.C., with Washington state seeing the highest annualized growth at 4.5 percent. • While a small number of states experienced economic contraction, nearly every state saw a rise in personal income and earnings.

• West Bengal Chief Minister Suvendu Adhikari stated that India has transitioned from lagging in infrastructure development under previous regimes to becoming one of the world's fastest-growing economies. • Adhikari attributed this economic acceleration to strategic improvements in national infrastructure and governance. • This shift is significant as it highlights a perceived turnaround in India's global economic standing and internal developmental capacity.