The European Commission raised the euro area economic growth and inflation projections for this year and next on Monday, but warned that the single currency bloc faces several risks that policymakers must monitor closely.
The currency-bloc is projected to grow 1.1 percent this year and 1.6 percent in 2024, the executive arm of the EU said in its Spring economic forecast. These figures reflect upward revision from 0.9 percent and 1.5 percent, respectively.
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by Renju Jaya
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