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Image header Agence Europe
Europe Daily Bulletin No. 9520
Contents Publication in full By article 18 / 36
GENERAL NEWS / (eu) eu/economy

Turbulence on financial markets prompt IMF to reduce its growth forecast for 2008

Brussels, 10/10/2007 (Agence Europe) - The International Monetary Fund (IMF) is believed to be preparing to reduce its forecasts for world economic growth next year. In July, the IMF predicted an increase in world GDP of 5.2% in 2008; it now expects this increase to be 4.8%. In a report which will be published next week, the IMF notes that is also taking account of the repercussions on the international financial markets of the high-risk mortgage crisis in the United States. Eurozone growth is...

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