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4/14/07

IHT: IMF'S Europe director forecasts strong growth for the continent

For the complete report from the International Herald Tribune click on this link

IMF'S Europe director forecasts strong growth for the continent

Europe's economy is set for robust growth this year and next, the director of the International Monetary Fund's European department said Saturday.

Michael Deppler said structural reforms that have been implemented in European countries may help the European economy surprise analysts on the upside. "I think that people underestimate the extent that reforms have paid off," he said at the IMF's spring meeting.

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