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New IMF Outlook: No Love for Europe

Europe Private Sector Lending

By experts and staff

Published
  • Robert Kahn
    Steven A. Tananbaum Senior Fellow for International Economics

 

The International Monetary Fund (IMF) has again downgraded its outlook, reducing its forecast for global growth by 0.1 percentage points to 3.5 percent this year and 4.1 percent next year.  For Europe, in particular, there is not much good news: