IMF Predicts Euro Crisis Resolution Will Be Prolonged - Bloomberg
The International Monetary Fund said
today that the euro-area debt crisis has exacerbated global
financial instability and an orderly adjustment process is
likely to be prolonged and costly.
The Washington-based IMF’s assessment came today in a pilot
report intended to make external monitoring more effective. The
IMF announced changes to its surveillance of members’ economies
to better account for the effects of their domestic and
financial policies on other countries.
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