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Europe Daily Bulletin No. 8607

16 December 2003
Contents Publication in full By article 11 / 35
GENERAL NEWS / (eu) eu/economy
Commission confident about economic recovery but warns against public finance getting out of control

Brussels, 15/12/2003 (Agence Europe) - In its third annual report on the eurozone economy, published on Monday, the European Commission expresses confidence that economic recovery is gathering momentum and will pick up further in the first quarter of 004. The Commission acknowledges, however, that eurozone exports are suffering from the strength of the euro against the dollar, although the rising euro has helped sustain demand by keeping tabs on inflation. The Commission notes that the sharp...

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