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11/3/2009-The European Commission announced Tuesday that it now projects growth in the eurozone of 0.7% during 2010, up from its previous forecast of a 0.1% contraction.

However, the EU warned that a "better-than-expected" rebound in the second half of '09 would be followed by slower growth in 2010.

The commission cited expectations of lingering effects from the financial crisis and heightened unemployment as mitigating factors in its expectations for some weakness in demand during 2010.

Contact Chip Brian

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