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European Commission raises 2021 GDP growth forecast from 4.3% to 4.8%

European Commission raises 2021 GDP growth forecast from 4.3% to 4.8%

The European Commission releases its latest quarterly projections
There are mainly upward revisions to the report with regards to this year’s projections, with a bit of a mixed bag for next year. Of note, the commission underscores that they see upside risks to inflation and overall risks to the economy are balanced.

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Date: July 7, 2021, 19:34