This year will be difficult for most of the world economy, half of the EU countries will go into recession due to the conflict in Ukraine. This was stated by the Director General of the International Monetary Fund (IMF) Kristalina Georgieva in an interview with CBS.

She was asked to comment on one of the latest reports of the IMF, in which a “year of upheavals” is predicted, and the IMF believes that “the worst is yet to come”, cites “24 Chasa”.

“This is what we will see in 2023. It’s going to be a tough year for much of the global economy, tougher than the one we’re leaving behind. why Because the growth rates of the three largest economies – the US, the EU and China – are slowing down at the same time,” Georgieva said in an interview recorded last December.

The countries of the European Union, she continued, “suffered very seriously” from the Russian Federation’s war in Ukraine. “Half of the European Union will be in recession,” Georgieva emphasized on this occasion.

Asked whether European governments would collapse in such a scenario, she said: “Governments do a great job in incredibly difficult environments. No, they will not collapse.” “And what’s also remarkable is that the world has actually turned out to be more resilient than we thought a year ago.”

We are watching the reaction to energy shocks in Europe, and Europe is moving decisively towards independence from Russia. Yes, this will be a hard winter, maybe the next one will be even harder, but freedom from dependence on Russia is coming. It will happen,” Georgieva said.

She confirmed that according to the Fund’s estimates, in 2023 “a third of the world economy will be in recession,” BGNES reports. (joyful)