USA - Voice of America: IMF: Europe's Problems Slow US Economic Recovery

USA - Voice of America usa

IMF: Europe's Problems Slow US Economic Recovery Jul 3rd 2012, 17:52 The head of the International Monetary Fund, Christine Lagarde, said the "tepid" U.S. economic recovery could be hurt by two problems: Europe's economic troubles and U.S. political gridlock. Lagarde said the first one is "clearly an exposure to potential contagion from an intensification of the euro area debt crisis." She said Europe's problems could hurt the American economy by cutting consumer and business confidence, and by reducing demand for U.S. exports. ... Media files: EFAFF441-1A47-428A-9711-8D0C15FD0CB6_cx0_cy6_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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