IMF: Disruptive Brexit would probably lead to "appreciably" lower growth in UK & EU

The International Monetary Fund (IMF) published the latest note on Europe on Monday, with Reuters citing the key highlights as follows.

European recovery looks increasingly durable, strengthening and broadening.

Disruptive Brexit would probably lead to "appreciably" lower growth in Britain and Eurozone.

 Europe’s central banks should be ready to gradually withdraw stimulus where wages have accelerated.

IMF supportive of the plan to convert ESM into a European Monetary Fund but Needs Right Governance.