login
login

Europe Daily Bulletin No. 9722

21 August 2008
(eu) eu/economy
Fall in economic indicators is borne out

Brussels, 20/08/2008 (Agence Europe) - While European GDP during the second half of the year tended to be downward (-0.2% in the eurozone and -0.1% in the EU27 compared to the previous quarter), other economic indicators fell significantly - a tendency predicted by the European Central Bank (ECB) during its last meeting on interest rates (EUROPE 9720).

According to figures published by Eurostat on Wednesday 20 August for the construction sector, production was down by 0.6% in the eurozone...