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Europe Daily Bulletin No. 7981

11 June 2001
Contents Publication in full By article 16 / 47
GENERAL NEWS / (eu) eu/economy
EBF lowers growth forecasts of euro-zone for 2001-2002

Brussels, 11/06/2001 (Agence Europe) - Experts of the European Banking Federation (EBF) have revised their growth revisions downward for the euro zone. They state it will be 2.4% in 2001 and 2.7% in 2002. "The forecasts of the European Central Bank (ECB) to be published in a few days' time, should reflect the deterioration of the economic situation in Europe (…)", noted the EBF on Monday. It has forecast upward inflation, with 2.3% in 2001 and 1.9% in 2002.

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