Euro-Zone Economy Seen Picking Up Pace as Germany Heals

The euro-area economy will expand more quickly than previously thought this year as the bloc’s biggest member exits more than a year of near-stagnation, a Bloomberg poll of analysts showed.

Output in the 20-nation currency union will rise by 0.7% in 2024 — more than the 0.5% advance that was forecast in the last monthly survey. Gross domestic product in Germany is now seen increasing by 0.2% compared with 0.1% before.