This is attributed to an expected rise in potential output, the underlying assumption being that the structural reforms some implemented in 2003 and some forthcoming in 2004 and 2005 will have an early and substantial positive impact. By contrast, the Commission forecasts real growth of 1,8% in 2005. Moreover, on the basis of the data provided in the addendum to the update, the commonly agreed method results in an estimate for potential growth of 1½% on average between 2005 and 2007 with a slight increase towards the end of the period.
De plus, si l'on se base sur les données fournies dans le supplément, l'application de la méthode commune permet d'estimer la croissance potentielle à 1½ % en moyenne entre 2005 et 2007, avec une légère augmentation vers la fin de la période.