Tuesday, June 5, 2007

IMF Raises Forecast for Euro-Area Economic Growth to `About' 2.5 Percent

(Bloomberg) -- The International Monetary Fund hailed
``good economic times'' in Europe as it raised its forecast for
expansion this year.

The economy of the 13 nations using the euro will grow
``about'' 2.5 percent in 2007, faster than the 2.3 percent
predicted April 11, the IMF said in a summary of its annual
report on the euro-area economy. Expansion will ``continue
apace'' next year, it said.


Read more at Bloomberg Bonds News

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