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Europe Daily Bulletin No. 11186

29 October 2014
Contents Publication in full By article 19 / 33
ECONOMY - FINANCE - BUSINESS / (ae) economy
EBF lowers its 2014 growth forecasts for eurozone

Brussels, 28/10/2014 (Agence Europe) - The Chief Economists' Group of the European Banking Federation (EBF) has lowered the growth forecasts for the eurozone for 2014 and 2015, from 1.1% of GDP to 0.8% and from 1.5% to 1.2% respectively.

According to the banking industry, inflation will remain “low” this year, at 0.6%.

The banks are standing ready to play their part as “providers of credit”, said the Chief Executive of the EBF, Wim Mijs, who went on to say that the results of the...

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SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
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BUSINESS NEWS NO 122