IMF's Article IV consultation with Switzerland
The IMF on 4 June released the staff report and public information notice regarding the conclusion of its Article IV consultation with Switzerland. The Fund projected 2% growth of real GDP in 2007, down from 2.7% in 2006.
According to the consultation, "Ongoing reforms in goods and labour markets increased productivity and facilitated above trend growth. The authorities agree that opening the labour market to EU workers and stronger retail competition has kept inflation in check, but are
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