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Europe Daily Bulletin No. 8993

19 July 2005
Contents Publication in full By article 19 / 37
GENERAL NEWS / (eu) eu/economy
Despite lower growth than anticipated in 2nd quarter, euro zone economy may make up for this in 2nd half of year

Brussels, 18/07/2005 (Agence Europe) - In its report, which was published on Monday, on the economy of the euro zone in the second quarter of 2005, the European Commission indicates that although economic growth in the zone was in line with its anticipations, activity came on lower than forecast in this second quarter. According to the Commission, the increase in oil prices and the downturn in the manufacturing industry had a negative impact on the confidence of business and consumers. It is...

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