European Commission Commissioner Valdis Dombrovskis presented the Commission's economic outlook assessment at a Eurogroup (the informal body of eurozone finance ministers) press conference in Brussels on 4 May 2026. The remarks addressed the economic challenges facing the EU, citing ongoing pressures stemming from the war in the Middle East as a key factor shaping the bloc's economic trajectory. The assessment underscores growing concern among European policymakers about external shocks and their potential impact on growth and stability across the eurozone.