IMF warns of risks to growth in eurozone

In its annual report issued 3 August 2005 on Euro Area policies the International Monetary Fund cut its growth forecast and warned of risks ahead. But it said recent data supported the hope that the region's economy would pick up in the second half of this year.

BBC News, 3.8.05: IMF cuts eurozone growth forecast http://news.bbc.co.uk/1/hi/business/4742599.stm

IMF: Country Report, No.266, 2005: Euro Area Policies: Selected Issues http://www.imf.org/external/pubs/ft/scr/2005/cr05266.pdf

IMF: Country Report, No.265, 2005: Euro Area Policies: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies, August 2005 http://www.imf.org/external/pubs/ft/scr/2005/cr05265.pdf

IMF: Transcript of a Conference Call with Michael Deppler on the Latest IMF Report on Euro Area Policies, Washington, D.C., 3 August 2005 http://www.imf.org/external/np/tr/2005/tr050803a.htm

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