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Bloomberg upgrades Eurozone growth forecast
Bloomberg agency has raised its forecast for the euro area economy's growth in 2026 to 0.8% from 0.5% in its latest report, supported by the region's surprising resilience and strong second-quarter results, where GDP grew by 0.4%. Despite challenges posed by rising energy prices and the restructuring of the automotive industry, markets expect growth to accelerate starting from the third quarter as investor sentiment improves. German economic growth is expected to reach 1.2% by 2028, driven by increased defense spending. However, logistical risks continue to threaten supply chains and profitability, especially in the inland transportation sector.
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