ECB revises 2010 eurozone growth forecast higher

2nd December 2010, Comments 0 comments

The European Central Bank revised its staff forecast for eurozone growth on Thursday to 1.7 percent in 2010 and kept it at 1.4 percent for 2011.

In September, ECB staff had estimated the 16-nation bloc's economy would grow by 1.6 percent this year and by 1.4 percent in 2011.

For 2012, growth of 1.7 percent has been pencilled in as well.

© 2010 AFP

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