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April 18th, 2012 
FAKE NEWS for the Zionist agenda “The risks continue to remain quite elevated. And if there was a re-intensification of the crisis, many countries would suffer,” Jorg Decressin said in an interview with euronews on Wednesday.
Decressin added that many European governments are implementing strong fiscal consolidation plans, which although necessary reduce growth in the short term and therefore reduce eurozone imports from the rest of the world and this affects growth elsewhere.
When asked about the progress of austerity measures in Greece, which was forced by the European Union and the IMF in return for financial aid, Decressin said, “The situation is still quite challenging in Greece.”
In its latest World Economic Outlook, the IMF revised its growth prospect for the global economy to 3.5 percent this year, up slightly from its 3.3 percent forecast in January.
PG/HGH
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