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dc.contributor.authorEuropean Commission
dc.descriptionEU Series and Periodicals: Economic and Finance:European Economy
dc.description.abstractThe economic recovery in the euro areastarted in the first quarter of this year, but hasfailed to accelerate. Domestic demand hasstayed weak all year, undermined by stockprice falls and an uncertain geopolitical,corporate and employment outlook. Recently,some of the shocks which hamperedeconomic recovery during the course of theyear have begun to unwind. For instance,equity prices have rebounded from theirOctober lows. Oil prices, although again on aslight upward trend since mid-November,have remained below their peak of earlyOctober.
dc.publisherEuropean Commission
dc.subjectEconomic and Financial Affairs
dc.subjectEconomic and Monetary Union
dc.titleEuropean Economy. Quarterly report on the euro area 2002. No. IV
dc.typeworking document

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