Tuesday, September 11, 2012

IMF urges faith in euro at World Economic Forum





The euro zone debt crisis still has a long way to go before it ends and Europe needs to keep faith in the single currency, International Monetary Fund deputy managing director Zhu Min said on Tuesday.


“Overall I would say the crisis is not over. We are still in the middle of it and there is some way to go,” Zhu told a World Economic Forum meeting in the Chinese port city of Tianjin.


“But it is moving in the right direction – that’s very important. We should have confidence, and we should have confidence in the euro,” he added.









via Business feed http://www.scmp.com/business/article/1034097/imf-urges-faith-euro-world-economic-forum

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