Brussels, 13/06/2002 (Agence Europe) - In its monthly bulletin for June published last Thursday, the European Central Bank (ECB) revised its forecasts of the level of inflation increases and confirmed the upturn in economic growth in the Euro-zone.
The ECB is expecting a rise in inflation in the Euro-zone of between 2.1% and 2.5% in 2002 (last December it forecast a rise of between 1.1%-2.1%). According to some analysts, this means that the ECB is effectively convinced that the level of...