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IMF sees trouble ahead for emerging Europe

Reuters  |  DUBROVNIK, Croatia 

By Igor Ilic and Balazs KoranyiDUBROVNIK, Croatia (Reuters) - Emerging Europe is facing increasing economic stresses that threaten to unwind some of the political progress made over the of past decades, a top International Monetary Fund official said on Tuesday.Poul Thomsen, the head of the IMF European Department said central and eastern Europe's economic growth potential has halved in the past decade and the rapid outflow of skilled workers is an increasing drag.He noted at a conference in Dubrovnik that some governments in the region are even questioning the benefits of European ...

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First Published: Tue, July 11 2017. 19:50 IST