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  2. Following a collapse by 2.9% in 2020, the global economy (excl. EU) is projected to recover by a strong 5.8% in 2021, amid a rebound in goods trade and the reopening of domestic services. Global real GDP growth is forecast to moderate to 4.5% and 3.7% in 2022 and 2023, respectively, as the cyclical recovery gradually peters out and supportive ...

  3. Jul 30, 2021 · GDP across the European Union rose by 13.2% compared with the same period last year, and by 1.9% compared with the previous quarter, according to a preliminary estimate published Friday by the...

  4. The euro area economy continues to recover. Growth is moderating, but activity is expected to pick up again strongly in the course of this year. The continued economic recovery is foreseen to be driven by robust domestic demand. The labour market is improving, with more people having jobs and fewer in job retention schemes.

  5. Nov 11, 2021 · The Autumn 2021 Economic Forecast projects that, despite mounting headwinds, the EU economy is projected to keep expanding over the forecast horizon. Most Member States are expected to reach the pre-pandemic volume of output by the end of 2021, while a few others will fully recover in 2022.

  6. Jul 7, 2021 · Overall, GDP is now forecast to grow by 4.8% in 2021 and 4.5% in 2022 in both the EU and the euro area. The volume of output is projected to return to its pre-crisis level (2019-Q4) in the last quarter of 2021, which is one quarter earlier than expected in the Spring Forecast for the euro area.

  7. Jul 26, 2021 · Data from the European Commission's Directorate-General for Economic and Financial Affairs shows promising results for the European economy. Despite the pandemic, the economy is forecast to recover faster than expected. In both the EU and euro area, GDP is expected to grow by 4.8 % in 2021 and 4.5 % in 2022.

  8. Oct 21, 2021 · With an increase in vaccination rates, more mobility, and support schemes, Europe's economic recovery is growing stronger despite uncertainty, according to the International Monetary Fund (IMF).

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