The economy is expected to expand 0.6 percent in 2024
PHOTO
The European Central Bank on Thursday forecast that the eurozone's economy would grow more slowly this year than previously predicted before picking up in 2025.
The economy is expected to expand 0.6 percent in 2024, before growing 1.5 percent in 2025 and 1.6 percent in 2026, "supported initially by consumption and later also by investment".
Previously, the ECB expected growth to come in at 0.8 percent for 2024 and 1.5 percent for both 2025 and 2026.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
© ZAWYA 2024
