IMF Says Europe Must Dig Deeper To Tackle Debt Crisis |
|
May 20, 2011
The International Monetary Fund called on Europe on Friday urgently to agree a more comprehensive sweep of measures to tackle the bloc's debt crisis, stumping up more money to keep countries afloat.
The International Monetary Fund called on Europe on Friday urgently to agree a more comprehensive sweep of measures to tackle the bloc's debt crisis, stumping up more money to keep countries afloat.
A senior European Central Bank policymaker offered a jarring contrast, saying the onus was on Greece to sort its mess and that if it failed, further support could not be taken for granted.
Disagreements within Europe on how to tackle Greece's growing debt problems have sent investors running for cover and a senior IMF official, using unusually strong language, said the bloc needed to demonstrate to markets that it stood fully behind struggling euro zone members.
Related Links
