The European economy is expected to recover faster than expected
The European economy is expected to recover slightly faster than expected as economic activity exceeded expectations in the first quarter of the year and the lifting of restrictions on curbing the coronavirus pandemic accelerated in the second quarter.
Presenting the forecast of the EC, Economic Policy Commissioner Paolo Gentiloni said that according to the summer interim economic forecast, the economy of the European Union and the euro area will grow by 4.8 percent this year and by 4.5 percent in 2022. (MTI)
Related news
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
A joint online petition was launched to protect farmers
In order to protect the farming community and maintain a…
Read more >
Eurostat: packaging waste produced by EU residents decreased in 2022
In the European Union, 83.4 million tons of packaging waste…
Read more >
More related news >
Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >
