There will be a slowdown in the economy in the euro zone and inflation will be lower over the next two years as a result of brexit, it emerges in the report Monetary Fund presented Friday.
The decline in the euro zone shows that there is a weaker confidence among investors due to the increased uncertainty, there is greater volatility in financial markets and lower demand for British goods, concludes the IMF report.
Monetary Fund has revised down the economic growth to 1.6 percent this year, 1 , 4 percent in 2017 and 1.6 percent in 2018 in the euro zone.
IMF forecasts before brexit showed a growth of 1.7 percent this year and next year. Eurozone grew 1.7 percent last year, and was the fastest since 2010.
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