... in the EFN Spring 2002 report. Table 3 shows a comparison of the EFN forecasts for the main macroeconomic aggregates with other forecasts, notably those of the European Commission, the IMF, the ... ECB, the OECD, and Consensus Economics Inc. The EFN forecast is clearly on the optimistic side, but only for 2010. This is true for investment activity. What is even more important, we forecast ... creation in the next couple of years. A serious risk for the economy in the euro area is the possibility of a split recovery: in autumn, the small increase in production came from a northern block...