In comparison with the September ECB staff projections, the range projected for real GDP growth in 2008 has been revised slightly downwards, whereas for 2007 the new range lies within the upper part of the previous one. Available forecasts from international organisations broadly confirm this outlook.
The possibility to trade a listed share in various markets promotes competition among providers of financial services. The availability of “dark” trading venues (i.e. with little transparency in pre-trade information) seems to allow institutional investors and other large players to place sizeable orders without giving rise to adverse price changes.