Spain growth will beat US in 2015 (IMF)


Despite increasing fears of a Grexit and the upswings in the Chinese stock markets, the global financial institution kept its medium- term growth prospects for next year. Drivers for a gradual acceleration of developed economies remain intact.

“Developments in Greece have, so far, not resulted in any significant contagion,” the IMF said. “Timely policy action should help manage such risks if they were to materialize.”


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