Economics
IMF Sees Risks to Europe Economic Outlook From Markets, Trade
- Report sees market corrections, trade tensions as threats
- European economies have already seen growth slow this year
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Economic growth across Europe dropped a gear in the first quarter and the International Monetary Fund warned that threats ranging from overvalued market pricing to rising protectionism could disrupt growth.
While the near-term prospects are “balanced” and the region’s economy looks strong for now, “beyond the near term, risks are clearly tilted to the downside,” the fund said in a report published on Tuesday.