ECB releases Eurozone GDP growth forecast for 2022-2024

The European Central Bank (ECB) has raised its growth forecast for the eurozone economy in 2022 to 3.1% from 2.8% expected in June, Report informs referring to the press release of the regulator.

At the same time, forecasts for 2023 and 2024 were lowered. Now the eurozone GDP growth is expected to be 0.9% next year against 2.1% in the June forecast, and 1.9% in 2024 against 2.1%.