BRUSSELS — The European Commission raised its eurozone growth forecast as the effect of a weaker euro and unprecedented monetary stimulus help the economy overcome pressure on confidence from the continuing crisis in Greece.Gross domestic product (GDP) in the 19-nation currency bloc is forecast to increase 1.5% this year, up from a prediction of 1.3% in February, according to the commission, the European Union (EU) executive in Brussels.It slashed its growth projections for Greece at a time when the cash-strapped country is struggling to persuade its eurozone partners to help pay its bills."The legacy of the crisis will continue to be felt for years," the head of the commission’s economics department, Marco Buti, said. "Will the economy be able to generate a self-sustained and balanced expansion once these temporary tailwinds fade? The answer is not self-evident."The European Central Bank’s (ECB) quantitative-easing programme "is having a significant impact" on financial markets and...
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