IMF trims eurozone growth estimate for 2016 to 1.6%

GMT 14:18 2015 Tuesday ,06 October

Arab Today, arab today IMF trims eurozone growth estimate for 2016 to 1.6%

IMF
Brussels - Arab Today

The IMF on Tuesday trimmed its eurozone growth estimate for next year to 1.6 percent, warning that recovery in Europe remained on the back foot amid near-zero inflation.

In its latest World Economic Outlook report, the IMF said growth in the 19-nation eurozone would be 1.5 percent this year, as forecast earlier, and 1.6 percent in 2016 instead of 1.7 percent.

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