European cost-of-living seen rising 3_6% in 2008

Tags: Germany, France, Europe, three, first, German, Italy, Spain, inflation, EU, Euro, news, economy, contract, global, World, commission, forecast, OF, finance, International, Cost, Joaquin, strength, austria, Products, EUROPEAN, QUARTER, EXPORTS, FRENCH, Decline, towards, april, GENERAL, june, demand, area, FIFTEEN, been, between, Overseas, major, year, expensive, living, second, Minister, context, largest, months, makes, mostly, Slowdown, common, fears, compared, Christine, affected, RECESSION, said, their, have, weighed, sliding, With, ecb, more, That, reflects, since, deterioration, Almunia, heightening, Lagarde, which, Eurozone, particularly, Joaquim, shrank, EUX, berlaymont