Goldman Sachs no longer expects recession in euro zone in 2023

(Reuters) - Goldman Sachs now expects the euro zone economy to grow by 0.6% this year, compared with its previous forecast of a contraction, following resilient growth momentum at the end of 2022, falling natural gas prices and the reopening of China's borders.

The brokerage had earlier expected a 0.1% contraction for the region.

(Reporting by Subhadeep Chakravarty in Bengaluru)