Brussels, 19/01/2016 (Agence Europe) - IMF forecasts 1.7% growth in GDP for eurozone in 2016. On Tuesday 19 January, the International Monetary Fund (IMF) revised its growth projections for the eurozone this year up very slightly (+0.1%) (1.7% for GDP compared to 1.5% in 2015). Compared to its previous projections, wealth generation is expected to be slightly stronger in Germany (1.7% of national GDP) and in Spain (2.3%). In Italy it is exactly the same (1.3%) but slightly weaker in France (1.3% instead of 1.5%). The IMF believes it is “essential” for the central banks of the advanced countries to pursue a looser monetary policy and that structural reforms increase production potential and that budgetary housekeeping should remain “fair”. It is also recommending that European countries promote the integration of migrants into the active population, in an effort to mitigate the fears of social exclusion and long-term budgetary costs. (MB)