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Paris - An economic recovery appears to be well underway in most of the 30 member nations of the Organisation for Economic Cooperation and Development, OECD chief economist Jean-Philippe Cotis said on Wednesday.
The only exception, Cotis told journalists, was continental Europe, which is proving to be "relatively weak" economically and where the recovery remains "in check".
The OECD foresees GDP growth of only about 1% for the euro-zone area for 2003, while the US economy is expected to expand by 2.5% for the year.
In addition, Japan can expect GDP growth of about "2% or a bit more" for the year, Cotis said.
