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Europe Daily Bulletin No. 8440

10 April 2003
GENERAL NEWS / (eu) eu/economy
Commission Spring 2003 2004 Economic Forecasts for euro area and European Union - Recovery not yet round corner

Strasbourg, 09/04/2003 (Agence Europe) - On Wednesday, in a climate marked by sluggishness and uncertainty due to the international context, the European Commission adopted its spring economic projections for the Euro zone and European Union for 2003-04. Continued sluggishness is expected to prevail in the first half of this year, according to Commission forecasts, which, in the geo-political tensions could abate before the summer and we could see a moderate "return of confidence and lower...

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