Press Release: Spring 2002: Economic Forecasts 2001- 2003

Author (Corporate)
Series Title
Series Details IP/02/610 (24.4.02)
Publication Date 24/04/2002
Content Type

The European Commission published the Spring 2002 Economic Forecasts on 24 April 2002 which show that the euro area economy contracted in the last quarter of 2001, but a gradual recovery is shaping up as confidence returns, depleted inventories are rebuilt and international trade picks up. The key to recovery gaining momentum in the first half of the year will be the amount of private consumption.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/02/610&format=HTML&rapid=0&language=EN&guiLanguage=en
Related Links
http://ec.europa.eu/comm/economy_finance/publications/european_economy/forecasts_en.htm http://ec.europa.eu/comm/economy_finance/publications/european_economy/forecasts_en.htm

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