Europe is falling behind the US in emerging from the economic crisis, with sluggish growth in Germany and recession in France worsening the outlook for eurozone periphery countries, the International Monetary Fund (IMF) has said.
"Recent good news about the US has come with renewed worries about the euro area. Given the strong interconnections between countries, an uneven recovery is also a dangerous one," Olivier Blanchard, IMF chief economist said Tuesday (16 April) when presenting th...
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