The EU commission have upgraded their GDP forecasts

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(Kitco News) – The EU commission has raised their economic GDP forecast to 4.3% From 3.8% for 2021. In addition to this, they also raised the 2022 Euro-Area GDP forecast to 4.4% (vs previous 3.8%) and predict Euro Area inflation could reach 1.7% In 2021, 1.3% In 2022.