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Europe Daily Bulletin No. 9610

27 February 2008
Contents Publication in full By article 15 / 36
GENERAL NEWS / (eu) eu/economics
Expert report confirms reduced growth forecast but does not predict recession

Brussels, 26/02/2008 (Agence Europe) - Uncertainty remains, but the economic prospects are not entirely bleak, the seventh report by the CESifo expert group on the European economy in 2008 says. According to the economists at this economic research centre based in Munich the turbulence on the financial markets and the slowing of the American economy, combined with elevated energy and food prices, will continue to affect the global economy in 2008. Business profits and developments on the...

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