Rehn sees eurozone recovery gaining ground

The European Commission issued its Interim forecast March 2011 for prospects for the European economy.

It was forecast that Europe’s sputtering economic recovery should gain ground in 2011 but the continent will also face higher inflation as a result of surging oil prices, and high unemployment.

European Commission: RAPID: Press Release, IP/11/243: EU interim forecast: Recovery gaining ground http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/243&format=PDF&aged=0&language=EN&guiLanguage=en

European Commission: DG Economic and Financial Affairs: News: EU economic situation; Interim Forecast March 2011 http://ec.europa.eu/economy_finance/articles/eu_economic_situation/2011-03-01-interim_forecast_en.htm

EUObserver, 1.3.11: EU bumps up growth forecast, amid jobless recovery http://euobserver.com/9/31900

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