Goldman Sachs forecasts 0.9% eurozone GDP growth in 2027

The signal here is less the number than its placement: a major bank's 2027 outlook positioning the eurozone below 1% growth frames the bloc's medium-term trajectory as subdued even before any assumptions are disclosed. That matters for anyone tracking European risk appetite, from credit and rates desks to crypto and RWA allocators who treat eurozone growth as a backdrop for duration and liquidity conditions. The absence of stated assumptions is the real gap, so whether the bank later details the drivers behind the estimate is the open question.