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Europe Daily Bulletin No. 8920

5 April 2005
GENERAL NEWS / (eu) eu/economy
European Commission's spring economic forecasts show moderate growth in 2005 - Commission soon to examine risk of excessive deficit in Italy and Portugal

Brussels, 04/04/2005 (Agence Europe) - The modest results of the European economy during the second half of last year are a burden on the growth forecasts for 2005, the European Commission stresses in its spring economic forecasts. According to its analysis, growth in the euro zone will be 1.6% and that in the EU25 2% in 2005, while it was 2% and 4% respectively in 2004. In 2005, the average public deficit in the euro zone is expected to fall very slightly to 2.6%, before returning to last...

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