Eurozone
Eurozone

The World Bank improved its forecast for the 2021 eurozone GDP growth to 4.2 percent, from 3.6 percent in its January report.

The World Bank also upgraded the 2022 euro area GDP growth forecast to 4.4 percent, up from 4 percent earlier. It now assesses the 2020 eurozone GDP decline at 6.6 percent, from 7.4 percent in January.

“The euro area is set to experience a strong recovery in the second half of 2021, alongside the expected acceleration of vaccinations and a relaxation of pandemic restrictions,” the World Bank said in its fresh report on global economic prospects.

Disclaimer: News Ghana is not responsible for the reportage or opinions of contributors published on the website.

Send your news stories to [email protected] and via WhatsApp on +1-508-812-0505 

Previous articleWorld Bank Improves Forecast for 2021 Global Economy Growth to 5.6 Percent
Next articleWorld Bank Improves Forecast for China’s 2021 GDP Growth to 8.5 Percent

LEAVE A REPLY

Please enter your comment!
Please enter your name here