Europe outperformed expectations in 2025, with seven of the top ten economies in the EU, led by Portugal, IMF chief Kristalina Georgieva said. Georgieva urged Europeans to embrace confidence, implement reforms, strengthen the single market, cut regulations, and integrate fragmented energy and financial systems.
The Greenland standoff highlighted rising multipolarity, but she insisted Europe’s economic destiny remains in its own hands. Former IMF restructuring recipients, like Greece, Ireland, Portugal, demonstrate the potential for recovery and structural reform success. She warned against retaliatory actions against the U.S., advocating monetary stability, while backing deeper EU debt pooling and IMF support for Ukraine.
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Europe outperformed expectations in 2025, with seven of the top ten economies in the EU, led by Portugal, IMF chief Kristalina Georgieva said. Georgieva urged Europeans to embrace confidence, implement reforms, strengthen the single market, cut regulations, and integrate fragmented energy and financial systems.
The Greenland standoff highlighted rising multipolarity, but she insisted Europe’s economic destiny remains in its own hands. Former IMF restructuring recipients, like Greece, Ireland, Portugal, demonstrate the potential for recovery and structural reform success. She warned against retaliatory actions against the U.S., advocating monetary stability, while backing deeper EU debt pooling and IMF support for Ukraine.