Home » Lagarde (ECB): euro area growth also benefits from US fiscal stimulus

Lagarde (ECB): euro area growth also benefits from US fiscal stimulus

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ECB President Christine Lagarde noted today that economic activity will improve strongly in the second half of 2021, supported by a robust rebound in consumer spending and solid business investment. The central institution sees real GDP jump by 4.6% in 2021, 4.7% in 2022 and 2.1% in 2023. According to Lagarde, an important boost to EU growth will also come from the fiscal stimulus package USA.

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