Press Release: Autumn 2001: Economic Forecasts 2001 2003

Economic growth in the EU has been decelerating in 2001, but will rebound in 2002 according to the European Commission's autumn forecasts for 2001-2003 punlished on the 21 November 2001. The euro area economy is likely to face a very weak year end and to grow at only 1.6% this year on average. Next year's growth performance is not expected to be better on average, notwithstanding a gradual recovery in 2002 which will gain steam throughout 2003.

http://ec.europa.eu/comm/economy_finance/publications/european_economy/2001/a2001_1011_en.pdf http://ec.europa.eu/comm/economy_finance/publications/european_economy/2001/a2001_1011_en.pdf

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