EU Expects Economy to Grow Strongly in 2Q
By AOIFE WHITE, AP Business Writer 19 minutes ago BRUSSELS, Belgium - The euro area economy could pick up slightly in the second quarter of this year, growing between 0.4 and 0.9 percent, according to a forecast published Friday by the European Commission European Commission. The European Union European Union executive expects gross domestic product to grow 0.4 to 0.8 percent for the fourth quarter of 2005 and the first quarter of this year, in a forecast based on business and economic data from all euro-area countries. Last autumn, the Commission predicted that the euro-zone economy would grow 1.9 percent in 2006 with the entire EU economy expanding by 2.1 percent.
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