EU ups eurozone growth forecast despite debt woes
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The European Commission has raised its forecast for growth in the troubled eurozone economy this year despite the debt crisis, but says the region will be dragged down by the shrinking economies of Spain, Greece and Ireland.
The 16 nation eurozone will grow by 0.9 percent in 2010, up from a November forecast of 0.7 percent. The full 27 nation European Union economy is expected to grow at a faster rate of 1 percent. (AP)
