The global economy is cooling and the financial turmoil still ongoing. So far, the European economy has weathered these headwinds relatively well, but can no longer escape unaffected. Growth is revised down by 0.4 pp. in 2008 and the high inflation is fading only gradually. Interim Economic Forecasts, February 2008 from the European Commission.



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Posted: 02|21|08 at 10:16 pm. Filed under: News.