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Note: Clarification of annual projections
03/09/2009 - Recovery from the global recession is likely to arrive earlier than had been expected a few months ago but the pace of activity will remain weak well into next year, according the OECD’s latest Interim Economic Assessment.
Governments will need to continue to stimulate their economies as rising unemployment and weak housing markets continue to dampen private demand. The current exceptionally low interest rates should remain in force for the time being, the assessment adds.
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>> Watch the webcast of the press conference presented by Jorgen Elmeskov, acting chief economist
>> Read the presentation from the press conference
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