FocusEconomics Euro Area

EURO AREA ECONOMIC OUTLOOK

Major Euro area countries have seen their 2021 GDP forecasts repeatedly trimmed since the beginning of the year, due to a slow vaccination rate, a further tightening of containment measures and the “stop-start” distribution of the AstraZeneca vaccine.

That said, GDP is set to rebound later this year amid the gradual lifting of restrictions. Supportive fiscal and monetary policies, unleashed pent-up demand and the disbursement of recovery funds will rekindle domestic spending, while the reopening of the global economy will boost exports. A slow vaccine rollout crippling the tourist season, rising public debts and banks’ bad loans cloud the outlook, however.

Download the full report

Fill in the short form below to receive a free copy of our latest Consensus Forecast report for Euro Area.

FocusEconomics is a leading provider of economic consensus forecasts for 131 countries and 34 commodities. Since 1999, we have been supporting the world's leading companies and institutions with timely and reliable economic intelligence.

FocusEconomics is a leading provider of economic consensus forecasts for 131 countries and 34 commodities. Since 1999, we have been supporting the world's leading companies and institutions with timely and reliable economic intelligence.

FocusEconomics is a leading provider of economic consensus forecasts for 131 countries and 34 commodities. Since 1999, we have been supporting the world's leading companies and institutions with timely and reliable economic intelligence.

Our clients