In February, the European Commission revised its economic growth forecasts for 2021 and 2022 upwards, estimating that the euro area economy will grow by 3.8%, after contracting by 6.8% in 2020 – April 2, 2021 GDP is expected to return to pre-pandemic level by mid-2022, shortly before previously forecast. Optimistic forecasts assuming that at least 70%…
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