The Netherlands Bank - Annual Report 2004

The Netherlands Bank has published its Annual Report for the year ended 2004. The world economy performed splendidly in 2004, growing by around 5%, the annual report said.

"The Netherlands and Europe did not do so well, as growth was distributed very unevenly across the globe (China 9.5%, United States 4.4%, euro area 2.1%, the Netherlands 1.4%). Though developments this year seem less exuberant, current prospects (slightly over 4% growth) remain above average. But clouds gathering on the horizon

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