Delay austerity and increase investment, IMF warns UK

Author (Person)
Series Title
Series Details 23.05.13
Publication Date 23/05/2013
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The International Monetary Fund (IMF) warned on 22 May 2013 UK, telling that should delay plans to push through further austerity measures worth €12 bn, delay new tax rises and spending cuts.

Britain narrowly avoided a triple dip recession by recording economic growth of 0.3 percent in the first quarter of 2013, output is still below its pre-crash level in 2007.

Source Link Link to Main Source http://euobserver.com/economic/120219
Related Links
ESO: Background Information: UK and IMF face dust-up on austerity http://www.europeansources.info/record/uk-and-imf-face-dust-up-on-austerity/

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