IMF does not evaluate Hellas crisis as a major problem for the world economy – Reuters Germany

       

– by Gernot Heller

       

Berlin / Washington (Reuters) – are the turmoil surrounding Greece and China for the IMF exchanges despite considerable impact in the two countries currently no serious threat to the world economy.

       

“Taken together, these developments have not changed the big picture on the global economic outlook,” it says in the updated economic forecast from the International Monetary Fund (IMF) on Thursday. The weakness Outlook 2015 go back mainly to the US, where the unusually harsh winter ausbremste many companies.

       

The IMF estimates that the global economy At length this year by 3.3 percent, 0.2 points less than in the April forecast. Next year will be expected to 3.8 percent. For the two heavyweights Germany and China, the fund remains at its previous forecasts for the euro zone in the coming year he is more confident. Germany 2015 is a growth rate of 1.6 percent credited, 2016, by 1.7 percent.

       

The US as the world’s largest economy will be 2.5 percent according to the IMF with a much slower pace to grow due to the weather-related slump in the first quarter this year than previously estimated. Next year, however, there will be 3.0 percent.

       

Hellas and China mentioned the IMF’s analysis indeed. But though Greece threatens the state bankruptcy and the stock exchanges have crashed in the People’s Republic in a short time by almost a third, is the date given no decisive role in the global economy. However, the developments there were risks. Greece will pay a far higher price than previously assumed for the crisis. Contagion to other euro area countries, the IMF sees far but barely.

       

Emerging markets are expected in 2015 and 2016 with well over four percent grow twice as fast as the developed countries. For China, the IMF still expects growth of 6.8 percent this year and 6.3 percent next year – significantly less than in the past.

       

The emerging threat from two sides, meanwhile dangers. China wants to put its economy on a broader foundation and strengthen the consumer, which, however, the Communist leadership causes problems in Beijing. Secondly, could further dollar appreciation, such as a result of a rise in interest rates in the US, dollar debtors in emerging countries in Asia and South America a blow.

       
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