Categories: economy

The IMF predicted global economic growth

The locomotive of the economic recovery will be Europe.

The world is in anticipation of the most ambitious in the last ten years, the jump of the economy and the locomotive will perform Europe. This is stated in the forecast world market conditions prepared by the International monetary Fund.

The Fund forecasts improved growth for almost all regions. The growth of the world economy in 2017 should amount to 3.5 percent, and the next and 3.6.

“We have adjusted the projections in the direction of improvement for many of the Eurozone countries. In particular, Germany, France, Italy and Spain, where growth in the first quarter significantly exceeds our expectations,” the analysts write.

While the IMF does not exclude the possibility that the economies of continental Europe will grow even faster. For the United States, on the contrary, analysts have adjusted their forecast for economic growth downwards.

“From a global perspective, the adjustment of our optimistic forecast for the situation in the US is the most serious loss,” said IMF chief economist Maurice Obstfeld.

One of the reasons was the problem of Donald trump in the implementation of its ambitious infrastructure program.

© 2017, paradox. All rights reserved.

paradox

Share
Published by
paradox

Recent Posts

Europe must ‘open debate’ on its own nuclear force – Macron

France must open a debate on building up a pan-European defense capability, to include rethinking…

28 mins ago

Situation on the front lines ‘difficult’ – Ukraine’s top military commander

Ukraine is having a hard time fighting Russia, the commander-in-chief of the nation’s armed forces,…

9 hours ago

Much of Ukraine aid stolen – French party leader

A large part of Western aid to Kiev is being embezzled by Ukrainian officials, despite…

18 hours ago

Drone raid on Russian energy infrastructure repelled

Russia repelled a wave of attempted Ukrainian drones strikes on oil refineries and energy infrastructure…

1 day ago

Blinken in Beijing: The US tried to turn China against Russia – but did it work?

Antony Blinken traveled to China this week to warn Beijing about sanctions for supplying military…

2 days ago

US created Ukraine conflict – Shoigu

The Ukraine conflict is Washington’s doing and the US is deliberately trying to prolong the…

2 days ago