Growth in the EU will resume in the second half of the year

Date: 04/04/1996

Economics Commissioner Yves-Thibault de Silguy told this week's G7 jobs summit in Lille. Low inflation, falling interest rates, strong business profitability and rising external demand will combine to generate growth well above 2&percent; in the last six months of the year. However, the overall growth rate for the year will be less than 2&percent;, he forecast.