NO FULL RECOVERY UNTIL 2015, SAYS THE IMF

“The warning, contained in a pre-released chapter of its World Economic Outlook, undermines hopes among economists that the UK is poised for full recovery.

The world’s leading economies will have to wait until 2015 or later for growth to return to normal rates, the International Monetary Fund (IMF) has warned.
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The paper said the conclusions were “sobering” for politicians hoping for an immediate return to the fast growth rates experienced in the run-up to 2008.”

…article continues…

http://www.telegraph.co.uk/finance/financetopics/recession/6220089/No-full-recovery-until-2015-says-the-IMF.html

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