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Europe Daily Bulletin No. 9801

11 December 2008
Contents Publication in full By article 12 / 42
GENERAL NEWS / (eu) eu/economy
Crisis is deep, recovery uncertain

Brussels, 10/12/2008 (Agence Europe) - Assessment of the current economic situation and the prospects for recovery remains uncertain. The spokeswoman for Economic and Monetary Affairs Commissioner Joaquin Almunia said on Wednesday 10 December that “the risks that we identified in our autumn economic forecasts … are clearly coming to pass”. She said the Commissioner felt that swift implementation of the Commission's recovery plan would allow “growth to restart at the end of 2009”....

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