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Europe Daily Bulletin No. 8575

30 October 2003
Contents Publication in full By article 10 / 45
GENERAL NEWS / (eu) eu/emu
Commission forecasts growth of 1.8% in 2004 in Euro-zone - public deficits in German and France could remain above 3% of GDP until 2005 - worries on labour market situation

Brussels, 29/10/2003 (Agence Europe) - The European Commission published the Autumn Economic Forecasts 2003 2005 for the euro area, on Wednesday. Growth in 2004 is expected to sped up to 1.8% of GDP in the euro zone and 2% in the EU, following results in 2003 that are rather disappointing. 0.4% growth is expected in GDP in he euro zone and 0.8% in the EU. The Commission confirms the worsening budgetary situation in Europe and warns that public deficits in German and France would remain above...

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