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Europe Daily Bulletin No. 8481

13 June 2003
Contents Publication in full By article 16 / 49
GENERAL NEWS / (eu) ep/ecb
Duisenberg assures there is no risk of inflation - ECB to be included among Union "institutions" and to be "external voice" of euro zone - Too soon to speculate on new cut in interest rates

Brussels, 12/06/2003 (Agence Europe) - During his regular dialogue with the European Parliament's Committee on Economic and Monetary Affairs chaired by German Social Democrat Christa Randzio-Plath, the president of the European Central Bank, Wim Duisenberg, admitted that economic growth in the euro zone during the first half of 2003 is likely to have been "very weak" (see p.11). While oil prices have since fallen and financial markets stabilised, survey evidence in April and May "did not...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION