Europe Must Boost Growth or Borrow Less to Keep Debt Sustainable, IMF Says

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The monetary institution estimates that three quarters of European countries need to undertake reforms to "stimulate growth and ease pressure on expenditure" in order to reduce their deficit. A quarter of countries will have to even make a budgetary adjustment of more than 5% of GDP in order to ensure that the deficit...

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The International Monetary Fund warns that the current fiscal trajectories will not be enough to stabilize the continent's public debt. Nearly... Read more Growing faster or borrowing less, Europe ordered to choose appeared first on Le Singulier.

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The International Monetary Fund (IMF) made a resounding intervention, making it clear that Europe's economies are on the verge of

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“Inaction is not an option.”