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Europe Daily Bulletin No. 8749

16 July 2004
Contents Publication in full By article 36 / 66
GENERAL NEWS / (eu) eu/economy
Commission reviews growth forecasts downward for third quarter

Brussels, 15.07.2004 (Agence Europe) - On Thursday, the European Commission reviewed downward its growth forecasts for the euro zone during the third quarter 2004, bringing them down to between 0.3 and 0.7% compared to 0.4 and 0.8% in its previous estimate. Estimates for the second quarter remain within the 0.3 to 0.7% range.

In a press release, Eurostat points out that during the first quarter 2004, moreover, the Gross Domestic Product (GDP) of the euro zone and that of the 25-member Union...

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