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Europe Daily Bulletin No. 8317

12 October 2002
Contents Publication in full By article 21 / 46
GENERAL NEWS / (eu) eu/economy
Commission gives downward revision for end of year growth

Brussels, 11/10/2002 (Agence Europe) - The European Commission on Thursday, again revised its growth forecasts for the third and fourth quarters of the year downwards. Commissioner Pedro Solbes' services are now predicting a rise in GDP of between 0.2% and 0.5% instead of the 0.3%-0.6% band forecast last month. The Commission explains that this situation arises from "a fall in household spending", with the inclement economic and industrial climate in the USA impacting on exports. This...

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THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION