Traduction de «taux de croissance absolue » (Français → Anglais) :

1. Expresses its concern about, first, the persistently slow growth in Europe since 2002, accelerating, in the euro zone, only gradually from 0,6% in 2003 to 1,3% in 2005, in contrast with the US growth rate of 3,5% in 2005 and the rebound of Japan's economy driven by private final domestic demand; second, the persistently high unemployment of 9% in EU-25 and 8,1% in EU-15; and, third, about the output gap, currently at -1% of GDP, demonstrating that EU economic growth remains substantially below long-term potential, constrained by structural rigidities, weak internal demand, and a lack of proper balance in the macroeconomic policy mix ...[+++]; stresses that the European economy's potential for growth remains excessively low, at about 2%, which is much lower than that registered elsewhere in the world; considers that this potential for growth is insufficient for job creation and reducing unemployment rates or for the development of EU-25;

1. Expresses its concern about, first, the persistently slow growth in Europe since 2002, accelerating, in the euro zone, only gradually from 0,6% in 2003 to 1,3% in 2005, in contrast with the growth rates of the USA of 3,5% in 2005 and the rebound of Japan's economy driven by private final domestic demand, second, the persistently high unemployment of 9% in EU-25 and 8,1% in EU-15 and, third, about the output gap, currently at -1% of GDP, demonstrating that EU economic growth remains substantially below long-term potential, constrained by structural rigidities, weak internal demand, and a lack of proper balance in the macroeconomic poli ...[+++]cy mix; stresses that the European economy's potential for growth remains excessively low, at about 2%, a figure much lower than that registered elsewhere in the world; considers that this potential for growth is insufficient for job creation and reducing unemployment rates or for the development of the enlarged Union;

It is a complex issue. If we want to express an informed judgement, we must -- as we have seen -- bear a whole string of factors in mind, ranging from population to level of education, from absolute size of the economy to growth rate.

The investigation of the Commission comes to the conclusion that the market is not in absolute but in relative decline only (compared to the average annual growth rate of the manufacturing industry as a whole).

The problem I am speaking of is that of a rate of increase in projected federal revenues that seems to be much faster and steeper than the rate of increase of federal spending obligations as against a rate of increase in projected provincial revenues that would be much slower than the rate of increase of provincial spending obligations.

The Joint Employment Report 2001, part of the fourth employment package since the launch of the European Employment Strategy in 1997, underlines 2000 as a particularly good year for employment with the highest economic growth rate of 3,3% and the largest drop to 8,3% in absolute unemployment for a decade, as well as 2.8 million new jobs.