According to TASS, this was stated by the head of the European regulator Christine Lagarde.

“The new forecast implies annual GDP growth of 5% in 2021, 4.6% in 2022 and 2.1% in 2023,” she said.

According to the agency, the previous forecast implied growth in the current year by 4.6%, in the next - by 4.7%.

GDP growth forecasts for 2023 have not changed.

Earlier, the ECB kept the base rate at 0%.