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IMF Warns Eurozone of Ongoing Risks to Economic Stability
Politics ♦
Published: April 17, 2013; 16:35 ♦ (Vindobona)
The International Monetary Fund has warned the Eurozone in a Global Financial Stability Report, urging for a reforming zeal and restructuring of weak banks.
IMF Warns Eurozone of Ongoing Risks to Economic Stability / Picture: © Vindobona.org
The policymakers must not refrain from pushing ahead reforms in the banking sector and support economic recovery, the institution demands even though the economic situation has improved in the last six months. “The report calls for stronger policies to reduce financial fragmentation in the euro area, in order to help unblock the flow of credit to the economy and increase the…
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