13 June 2001 13:05 OECD PLEASED W/SPAIN 2001 GROWTH SLOWDOWN GIVEN CPI PRESSURES
BUT SPAIN GDP SLOWDOWN INSUFFICIENT TO CURB CORE CPI
OECD SEES SPAIN 2001, 2002 GROWTH 'CLOSE TO POTENTIAL'
SPAIN GOVT 2001 BALANCED BUDGET TARGET 'ACHIEVABLE'
BUT URGES FURTHER SPAIN PENSION, LABOR MARKET REFORMS
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