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BRUSSELS- EEC Towards Joint Planning
EEC : Towards Joint Planning?
IT is bath amusing and instructive to read some of the economic forecasts made at the beginning of the year, when the student revolt in France was no more than a tiny black cloud on an otherwise clear and sunny horizon. In their quarterly survey of the economic situation in the Common Market (completed in mid-March) the Commission's experts claimed that given the French Government's plan to support business activity, which had been launched in January, "almost all the uncertainties which made it difficult to forecast general economic development (in France) in the coming months have now been eliminated". Output, they noted, "should continue to rise . . . stimulated both by the increasing amount spent by private consumers. . . and also by the stronger propensity to invest due to improved sates and profit expectations".