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Commission revises growth forecasts for Europe

+3.2% this year, only 0.3% in 2023

11 November, 13:25
(ANSA) - BELGRADE, NOV 11 - The European Commission forecast on Friday that the economy of the euro zone will grow more quickly in 2022 than was previously anticipated, and it will slow down more quickly in 2023 than was previously thought. The European Commission projected that the economy of the euro zone would expand by 3.2% this year, which is higher than the 2.7% growth rate that was predicted in July. However, growth would then sharply decelerate to 0.3% the following year, which is significantly lower than the 1.4% growth rate that was predicted in July, before rebounding to 1.5% in 2024. (ANSA).

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