ECB revises up growth forecasts amid solid economic recovery

  • 2/5/2023
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Frankfurt, Dhu-AlHijjah 16, 1438, Sep 7, 2017, SPA -- The European Central Bank has revised up its economic growth forecasts for this year amid "solid and broad-based" economic recovery in the 19-member eurozone, according to dpa. The economy of the currency bloc should expand by 2.2 per cent this year compared with the 1.9 per cent the central bank had forecast in June. However, growth projections for the coming years remained the same at 1.8 per cent in 2018 and 1.7 per cent in 2019. --SPA 16:58 LOCAL TIME 13:58 GMT www.spa.gov.sa/w482991

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