New IMF research says that pruning a budget deficit by one percentage point could mean a cut in economic growth of between 0.9 % and 1.7 % . Divisions are appearing among key players responsible for the eurozone 's austerity program . International Monetary Fund and the European Commission at odds over best way forward . IMF wants to give it more time after a new study suggest it is hurting growth . Rehn : ` ` The results may be disputed and I am looking forward to extensive review ''
Divisions are appearing among key players responsible for the eurozone 's austerity program . International Monetary Fund and the European Commission at odds over best way forward . IMF wants to give it more time after a new study suggest it is hurting growth . Rehn : ` ` The results may be disputed and I am looking forward to extensive review ''