Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here . The euro-area economy will grow more quickly this year than previously forecast as the region’s vaccination campaign gathers speed, fiscal support is rolled out and a strong global rebound helps exports. The European Commission upgraded the euro area’s growth for this year to 4.3% from 3.8% after taking account of the 800 billion-euro ($971 billion) joint recovery fund for the first time. Output in the European Union ’s 27 member states is now expected to reach its pre-pandemic size by the end of this year, earlier than initially thought. The currency bloc is also expected to grow more quickly in 2022, when more money from the joint stimulus will flow into projects to build a greener and more-digital future. The recovery will still […]