IMF Warned of the Threat of Recession in Europe Even After Small Shocks
7 Articles
7 Articles
Even a small economic shock could trigger a recession in the European economy, warned the International Monetary Fund (IMF) that Europe's economy might be in recession, even as a result of small shocks, as described in a follow-up report by the European Department of IMF on the prospects for economic development in the region, TASS notes. "Not least after the energy supply eventually normalizes, Europe's structural weaknesses will in the medium …
Thanks to the contribution of green sources, the economic impact has been less severe than feared. With low growth, even small crises are likely to plunge the eurozone into recession. Without fiscal consolidation, debt will become unsustainable
Resilient to energy and commercial shocks, but the inability to expand the economy is now too heavy a limit.
Europe has endured relatively better than expected the energy crisis resulting from tensions in the Middle East, but structural reforms in productivity and renewables are more urgent than ever to avoid a possible recession. Thus the analysts of the International Monetary Fund (IMF) perceive the current situation of the European economy, in line with the detailed analysis of the conjuncture of each continent that has published this Friday the age…
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