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The European Commission predicts that the European Union’s economy will see slow but increasing economic growth this year and next year, according to a new forecast published on Wednesday. The commission said in a press release that growth in early 2024 “marks the end of the prolonged period of economic stagnation that started in the final quarter of 2022.” Nevertheless, while Wednesday’s Spring Forecast paints a slightly rosier view of 2024 gross domestic product (GDP) growth in the bloc than the previous Winter Forecast published in February, it cuts the estimate for 2023 and its prediction …

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