Sunday, January 27, 2013

Too early to relax: Lagarde in Davos warned against economic optimism

The annual World Economic Forum ended on Saturday in the Swiss ski resort of Davos, warning that states should not be too optimistic about the economic recovery.

As the head of the International Monetary Fund Christine Lagarde stated, the government should not "relax" because the Fund estimates state of "a very fragile and modest" economic growth this year.

In turn, the Secretary General of the Organization for Economic Cooperation and Development, Angel Gurria said that the authorities should not be deceived by facilitating improved economic climate, which can be complacent.

Recall that in the four-day annual meetings every year which traditionally held at Davos World Economic Forum, attended by about two thousand politicians and businessmen, among them - about fifty heads of state or government.

No comments:

Post a Comment