News Article

European Economy to Continue Growth in 2000

Home

BRUSSELS, Belgium–The German research agency DIW predicts that the 11 so-called euro countries (those EU countries participating in the new currency from 2002 on) will see an average growth of 3% in 2000. The agency says that the poor performance of the euro against the US dollar is “not very dramatic”, adding that it will […]

BRUSSELS, Belgium–The German research agency DIW predicts that the 11 so-called euro countries (those EU countries participating in the new currency from 2002 on) will see an average growth of 3% in 2000. The agency says that the poor performance of the euro against the US dollar is “not very dramatic”, adding that it will only stimulate export.

At the same time, DIW expects inflation to increase slightly and that the euro will increase in value. (JW)

Comment on this article