Brussels, 02/07/2004 (Agence Europe) - In its second quarterly report on the euro zone economy for 2004, the Directorate General for Economic and Financial Affairs estimates that annual growth will surpass the rate of 1.7% forecast in the spring. The upturn will take place on what it considers to be a solid basis, but will depend notably on consumer confidence, which remains fragile, and the course of the price of oil.
The global economic situation gives reason to hope that a sustainable...