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Image header Agence Europe
Europe Daily Bulletin No. 8834
Contents Publication in full By article 27 / 32
GENERAL NEWS / (eu) eu/economy

FBE says neither oil prices nor dollar will affect euro zone growth

Brussels, 24/11/2004 (Agence Europe) - The Banking Federation of the European Union (FBE), which represents 4,500 banks in 18 countries, believes that the euro zone will be the only major region in the world in which growth will not drop off in 2005. Although the Commission, the ECB and other institutions have revised their figures downwards due to oil prices and the weak dollar, the FBE does not share the view that these factors will harm the economic activity of the Twelve. In the euro...

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