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Europe Daily Bulletin No. 8274

10 August 2002
(eu) eu/economy
Fall in growth rates - ECB must keep rates unchanged

Brussels, Frankfurt, 09/08/2002 (Agence Europe) - According to the latest estimates form the European Commission, growth during the third quarter of 2002 in the Euro-zone will stabilise around 0.6%-0. 9%, a fall compared when compared with estimates made on 9 July (0.7%-1%). The Commission points out that third quarter monthly rates in the Euro-zone was 0.5% in the 1990s, the lowest levels being reached in the first quarter of 1993 (0.7% and the highest in the first quarter of 1992...