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Goldman Sachs no longer expects euro zone recession in 2023

The brokerage had earlier expected a 0.1 per cent contraction for the region
Last Updated 10 January 2023, 13:04 IST

Goldman Sachs now expects the euro zone economy to grow by 0.6 per cent this year, compared with its previous forecast of a contraction, following resilient growth momentum at the end of 2022, falling natural gas prices and the reopening of China's borders.

The brokerage had earlier expected a 0.1 per cent contraction for the region.

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(Published 10 January 2023, 13:04 IST)

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