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Europe Daily Bulletin No. 8799

5 October 2004
Contents Publication in full By article 24 / 38
GENERAL NEWS / (eu) eu/economy/imf/g7
According to IMF, rise in oil prices will have only marginal effect on growth - Trichet is confident inflation will fall in euro zone in 2005

Brussels, 04/10/2004 (Agence Europe) - During their joint annual meeting held this weekend in Washington, the Governing Council of the International Monetary Fund (IMF) and the World Bank expressed confidence in the impact that the rise in oil prices would have on world growth. Although it reviewed its global growth forecasts for 2005 downward by one tenth of a point to 4.3% of GDP, the IMF considered that the effect of the rise in oil prices "has so far been manageable". IMF Deputy Director...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT