Brussels, 09/07/2002 (Agence Europe) - In the second quarterly report on the euro-zone, adopted on Tuesday, the European Commission confirms the gradual economic recovery that has taken place since the spring and foresees faster recovery during the third quarter of the year. At the same time, it is concerned by the recent deterioration in the budgets of certain Member States.
The report highlights that recovery broadly follows the course predicted in the Commission's Spring Forecasts and in...