Strongest Growth in Years Generates New Jobs
added: 2007-07-31
Economic growth in the euro area is running at its fastest pace since 2000 and is mostly generated by domestic factors, say the chief economists of the European Banking Federation’s Economic and Monetary Affairs Committee (EMAC). Although they estimate that growth should start slowing at this point in the cycle, it should nonetheless reach 2.7% for 2007 as a whole.
