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France 24
France 24
Business
Charles PELLEGRIN

Third of world could be in recession in 2023, IMF chief warns

BUSINESS DAILY © FRANCE 24 screengrab

Kristalina Georgieva, the managing director of the International Monetary Fund, is warning that this year will be tougher than the last and that the war in Ukraine, rising inflation and higher interest rates will weigh heavily on the global economy. She expects the EU to be particularly hard hit, with half of its members seeing declines in growth. Also in this edition, Croatia bids farewell to the kuna and joins the eurozone. Plus, we look at Japan's incentives to entice families to leave Tokyo for smaller towns.

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