BRUSSELS — European Union officials on Thursday nudged up growth forecasts across the 28-nation bloc amid optimism that falling oil prices, a weaker euro and intervention by the European Central Bank were brightening the outlook for a region wrestling with economic stagnation.
Growth is expected to be 1.7 percent in the bloc this year, up from the 1.5 percent predicted in November, according to the European Commission, the union’s executive arm. The economy would expand by 2.1 percent in 2016, the commission said in its winter economic forecast.
–
—
