May 4th, 2009 - 02:25 GMT European Commission Lowers GDP Forecasts for Euro-Region, Inflation to Grow 0.4% This Year The European Commission lower its growth forecast for the Euro-Zone, and expects the growth rate to contract -4.0% this year and 0.1% in 2010, while German GDP is anticipated to fall 5.4% in 2009 and Read more