The economic forecast for the Eurozone has been downgraded by the International Monetary Fund (IMF) due to ongoing trade tensions and political uncertainties. The IMF now predicts a growth rate of 1.2% for the Eurozone in 2020, down from its previous estimate of 1.4%. This revision is in line with the IMF’s overall global growth forecast of 3.3% for next year. The IMF also highlighted risks such as a disorderly Brexit and the potential for escalating trade disputes between the US and EU.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
