The head of the IMF, Georgieva, said that in 2023, half of the EU countries will slide into recession
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For much of the global economy, 2023 will be a difficult year, with half of the countries of the European Union (EU) at risk of falling into recession due to the Ukraine conflict. This statement was made by the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva during an interview with CBS.
Georgieva commented on one of the latest reports of the department, predicting a “year of upheaval”, and in the fund itself they believe that “the worst is ahead.”
The head of the IMF believes that the year will be difficult for the global economy, as the growth rates of the US, EU and China slow down at the same time.
Georgieva noted that European countries suffered greatly due to the Russian special military operation.
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