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ECB ups eurozone growth forecasts for 2017 and 2018: Draghi

Thursday, March 9, 2017 - 22:15

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The European Central Bank on Thursday raised its eurozone economic growth forecasts for this year and next, said ECB president Mario Draghi.

[FRANKFURT] The European Central Bank on Thursday raised its eurozone economic growth forecasts for this year and next, said ECB president Mario Draghi.

It now expects growth of 1.8 per cent in 2017 and 1.7 per cent in 2018, compared with earlier forecasts of 1.7 per cent and 1.6 per cent, respectively, Mr Draghi said.

For 2019, it maintained its prediction of 1.6 per cent gross domestic product growth.

AFP

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