SUBSCRIBERS

IMF warns of euro area downside risks

Brexit, the refugee surge and security concerns are expected to depress GDP growth

Published Fri, Jul 8, 2016 · 09:50 PM

Tokyo

ECONOMIC recovery in the euro area has strengthened but the future of the bloc is strewn with risks, not least being Britain's impending departure from the European Union, the refugee surge in Europe and security concerns, the International Monetary Fund warned on Friday.

"Euro-area GDP growth is expected to decelerate from 1.6 pe…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes