Growth in Europe has slowed significantly says IMF
Oct 5th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Implementation of comprehensive and bold policy action will help restore Europe’s recovery, the International Monetary Fund (IMF) said today in its latest Regional Economic Outlook (REO) for Europe: Navigating Stormy Waters, (pdf). Growth in Europe has slowed significantly, as a result of global shocks, and of the escalation of the Eurozone sovereign debt crisis, which has shaken confidence and curbed domestic demand.