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International Business Times
International Business Times
Business

Europe's Economic Integration 'Insufficient': IMF Chief Economist

The IMF expects global growth to reach 3.2 percent this year, before cooling slightly to 3.1 percent in 2026 (Credit: AFP)

The EU's attempts to integrate the economies of its 27 member states have been insufficient to boost lackluster growth, the IMF's chief economist said in an interview.

Speaking to AFP in Washington ahead of the publication of the International Monetary Fund's World Economic Outlook (WEO) on Tuesday, Pierre-Olivier Gourinchas said more needed to be done to ease the burden on businesses and boost private investment.

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