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Europe Daily Bulletin No. 10596

18 April 2012
Contents Publication in full By article 16 / 27
ECONOMY - FINANCES / (ae) imf
Eurozone recession to last all year

Brussels, 17/04/2012 (Agence Europe) -The eurozone will be in recession all this year, according to updated economic forecasts published by the International Monetary Fund (IMF) on Tuesday 17 April 2012, ahead of the AGMs of the World Bank and IMF. The IMF expects eurozone GDP to shrink by 0.3% in 2012, slightly more than forecast in January. It says: “The recession is expected to be shallow and short-lived in many economies. In contrast, in Greece and Portugal, where adjustment under...

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