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Europe Daily Bulletin No. 8912

19 March 2005
Contents Publication in full By article 19 / 51
GENERAL NEWS / (eu) eu/economy
2005 growth prospects not yet high enough to improve employment, says UNICE

Brussels, 18/03/2005 (Agence Europe) - Pointing to weaknesses in big economies (Germany, France and Italy), which account for 50% of the EU's GDP, the spring growth prospects published on Thursday by UNICE anticipate a fall in growth from 2.5% in 2004 to2.2% in 2005 for the EU25, and from 2% to 1.8% for the eurozone. The lack of growth forms the basis for the weak employment prospects observed in Europe, explained Jean-Paul Betbéze, President of the European employers' organisation's...

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