login
login

Europe Daily Bulletin No. 8826

13 November 2004
Contents Publication in full By article 20 / 35
GENERAL NEWS / (eu) eu/ecb
Growth forecasts scaled back for 2005 and 2006 but raised for 2004

Brussels, 12/11/2004 (Agence Europe) - The European Central Bank's November newsletter explains that growth forecasts have been scaled back for 2005 (to 2%) and 2006 (to 2.2%), but have been raised for 2004 (1.9%). A panel of European economists explain these moves by the downturn in global growth and the impact of this on the eurozone, which is dependent on foreign demand. Unemployment figures have also risen (compared with the previous quarter's forecasts), to 9% in 2004, 8.8% in 2005 and...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE