ECB upgrades forecasts for Europe's economy

ECB upgrades forecasts for Europe's economy

Source: EODHD - https://uk.finance.yahoo.com/news/ecb-eurozone-june-macroeconomic-projections-gdp-growth-covid-19-vaccines-christine-lagarde-services-manufacturing-133444402.html
Published: Jun 10, 2021 9:34 AM

Women sit at the terrace of a restaurant at Opera Square in Madrid. Spain, the world's second most visited tourist destination, has re-opened borders to vaccinated visitors worldwide as well as non-vaccinated Europeans with a negative antigen test. Photo: Pablo Blazquez Dominguez/Getty Images Economists at the European Central Bank (ECB) have upgraded their forecasts for Europe's growth this year thanks to a pick-up in the pace of COVID-19 vaccinations across the continent and a relaxation of restrictions. ECB President Christine Lagarde said the central bank's latest macroeconomic projections now forecast economic expansion of 4.6% in 2021. It marks a significant upgrade from March's projec...

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