IMF Managing Director Christine Lagarde pointedly warned that the eurozone could fall back into recession if action is not taken to prevent it.

“We are not suggesting that the zone is heading toward recession, but we are saying that there is a serious risk that that happens if nothing is done,” she said.

Read more: http://www.businessinsider.com/afp-imf-warns-of-eurozone-recession-presses-germany-2014-10#ixzz3FhLO7TS2