EU interim forecast September 2011
||15 September 2011
In its latest interim forecast, published on September 15, the European Commission presents its assessment of economic prospects in the euro area and the whole of the EU for 2011. The document includes estimates for GDP growth and inflation in the EU and the euro area, as well as detailed projections for the seven largest EU Member States: Germany, Spain, France, Italy, the Netherlands, Poland, and the UK. After a strong first quarter, and a considerable softening in the second, the new projections for the remainder of the year imply a slower recovery than expected at the time of the spring forecast. Downside risks to the growth prospects have increased, primarily due to concerns about the unresolved euro-area crisis and its repercussions on financial markets' health as well as the global economic slowdown.
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