ECONOMY - FINANCE - BUSINESS / Ecb

Monetary institute ramps up Eurozone growth forecasts

Brussels, 14/12/2017 (Agence Europe)

On Thursday 14 December, the European Central Bank (ECB) substantially revised its growth forecasts for the Eurozone upwards, putting them at 2.4% of GDP in 2017, 2.3% in 2018, 1.9% in 2019 and 1.7% in 2020.

Compared to September, our growth forecasts have been substantially increased, said the President of the ECB, Mario Draghi, following the meeting of the Governing Council. Two months ago, the Frankfurt-based monetary institute predicted Eurozone growth of 2.2% of GDP in 2017, 1.8% in...