The IMF Projects Weak Growth Across the Euro Zone

A Washington Post article noting the IMF's projections for weak growth and rising unemployment in the euro zone told readers:

"For 2014 as a whole, growth of 0.9 percent is forecast.

That is not only weak, it also masks the continued wide divergence in outcomes among the euro countries, with some nations likely to remain in recession and some growing at a faster pace. The gap in performance — between Germany’s globally competitive export sector and the stalled economies of southern Europe — i...