Reforms and action needed urgently as fears over Greece, high unemployment, structural flaws and a still-shaken bank sector slow growthThe International Monetary Fund has warned the eurozone faces a gloomy economic outlook thanks to lingering worries over Greece, high unemployment and a banking sector still battling to shake off the financial crisis.The IMF’s latest healthcheck on the eurozone found it was “susceptible to negative shocks” as growth continues to falter and monetary policymakers run out of ways to help. It called for an urgent “collective push” from the currency union to speed up reforms or else risk years of lost growth. Related: IMF appears to be only one looking out for Greece's long-term future Continue reading...
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