In the autumn economic forecasts, published this Monday, the community executive states that the Gross Domestic Product (GDP) of the single currency area is expected to increase 1.3% this year, 0.4 percentage points more than predicted in the spring projections released last May.
The European Commission predicted, this Monday, that the euro zone’s GDP will grow 1.3% this year, more than the 0.9% previously forecast, due to the “ability to face shocks” in the face of
In the autumn economic forecasts, published this Mondaythe community executive states that the Gross Domestic Product (GDP) of the single currency area expected to increase 1.3% this year, 0.4 percentage points more than forecast in the spring projections released last May.
“Economic growth exceeded expectations in the first nine months of the year, with real GDP growth exceeding the annual expansion projected in spring”, contextualizes the institution, pointing out that “continuous growth in the third quarter demonstrates the resilience of the European economy and its ability to face unprecedented shocks”.
