IMF cuts Eurozone growth forecast post 'Brexit'
The International Monetary Fund has downgraded its growth forecast for the Eurozone stating that "negative impact of the UK referendum” will dent the region's economic recovery over the next two years. According to IMF, GDP in the Eurozone is expected to grow 1.6% in 2016 and 1.4% in 2017, as against the earlier estimate of 1.7% for both the years.