ECB raises 2014 eurozone growth forecast to 1.1%
Arab Today
The European Central Bank raised its eurozone economic growth forecast to 1.1 percent for 2014 on Thursday and predicted 1.5-percent growth the following year. ECB President Mario Draghi also said that the Frankfurt-based bank had maintained its forecast that the 17-member eurozone economy would shrink by 0.4 percent this year.
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