IMF: Europe’s outlook

23Apr08

This morning I was reading the Financial Times and found an article about Europe’s outlook, by IMF.

“Financial market turbulence would reduce real growth by 0.75 percentage points in both 2008 and 2009. (…) Inflation in the Eurozone his 3.6 % last month, the highest for almost 16 years.

The IMF estimates that a 1 percentage point fall in US growth cuts European growth by about half that amount.”

IMF stands by gloomy view on Europe outlook //// Financial Times, April 22nd, 2008

Advertisements


No Responses Yet to “IMF: Europe’s outlook”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: