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Europe Daily Bulletin No. 9146

8 March 2006
Contents Publication in full By article 29 / 45
GENERAL NEWS / (eu) eu/economy/ecb/oecd
OECD confirms acceleration of up-turn in Europe and United States but calls for caution on interest levels - ECB to keep close eye on property market

Brussels, 07/03/2006 (Agence Europe) - Following the slow down among Member States in the last quarter of 2005, economic activity has accelerated, but has not yet reached its full potential, according to the Organisation for Economic Cooperation and Development (OECD) in its interim forecast, published on 6 March. For the G7 countries, the Organisation is expecting growth of 0.8% in the first quarter and 0.7% in the second. However, it notes some risks, such as the volatility of oil prices...

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