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Europe Daily Bulletin No. 8086

8 November 2001
Contents Publication in full By article 26 / 40
GENERAL NEWS / (eu) eu/economy
IMF scales down eurozone growth forecasts for 2001 and 2002 to 1.6% and 1.5%

Brussels, 07/11/2001 (Agence Europe) - The International Monetary Fund (IMF) has sharply scaled back its economic predictions for the eurozone and is continuing to pressurise the European Central Bank (ECB) to reduce interest rates. The Washington body cut back its growth forecasts for the eurozone in 2001 and 2002 to 1.6% and 1.5%, compared with 1.8% and 2.2% respectively, announced Michael Deppler, Department of the Europe division of the IMF, on Tuesday. These are the first IMF forecasts...

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