SUBSCRIBERS
Economic risks rising in central Europe: IMF
But Russia's economy could be perking up, with the worst of the slump possibly over
Published Fri, May 6, 2016 · 09:50 PM
London
THE worst of the economic slump in Russia may be over, the International Monetary Fund (IMF) said on Friday, but warned that possible eurozone stagnation and shifting politics make central Europe's prospects increasingly uncertain.
The IMF's twice-yearly regional outlook for Central, Eastern and Southeastern Europe (CESEE) said the rise of populist parties in some countries as well as limp global growth and ageing populations were all aggravating the strains.
Copyright SPH Media. All rights reserved.