Cross-border challenges widen wealth gap between Europe and US, IMF study finds

FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside its headquarters in Washington, U.S., on Sept. 4, 2018. REUTERS/Yuri Gripas/File Photo

BRUSSELS (Reuters) - Cross border challenges are widening the gap between the output of Europeans and Americans, who have been moving ahead since the 1990s, a study by the International Monetary Fund showed.

The European Union's GDP per capita measured with purchasing power parity is now around 72% of the United States, the IMF study said.