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ECB slashes Eurozone's 2023 GDP growth outlook to 0.9% from 2.1%

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ECB slashes Eurozone's 2023 GDP growth outlook to 0.9% from 2.1%
Source: Pixabay

The European Central Bank expects Eurozone’s gross domestic product (GDP) to reach 3.1% this year, and to slow down to 0.9% in 2023. In June, ECB forecast GDP growth at 2.8% this year and at 2.1% in 2023.

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