Advertisement

Global growth is fragile and weak, says IMF's Lagarde

International Monetary Fund boss Christine Lagarde. Picture: Getty Images.

BERLIN (Reuters) - The global economy is recovering but growth is fragile and weak, and risks are increasing, International Monetary Fund Managing Director Christine Lagarde said on Tuesday.

"The good news is that we have growth, there is a recovery underway, the good news is we have no crisis. But the bad news is that growth is fragile, growth is weak and risks on the horizon are increasing," Lagarde told reporters in Berlin after meeting global finance chiefs and Chancellor Angela Merkel.

(Reporting by Paul Carrel; Editing by Joseph Nasr)