IMF Calls On EU To Deepen Single Market Integration To Boost Growth

Source: International Business Times

International Monetary Fund European director Alfred Kammer said deepening integration of the EU's single market could help close the income gap with the United States AFP Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday. "We estimated, actually, what you could do just by reform of that single market and integration -- and the numbers are startling high," International Monetary Fund European director Alfred Kammer said in an interview in Washington. The IMF expects European growth to pick up slightly this year to 1.