IMF chief against any breakup of eurozone
Washington: The managing director of the International Monetary Fund says her global lending organisation wants the eurozone to stay together, not be broken up by the departure of some of its weaker nations.
Christine Lagarde told the annual meeting of The Associated Press that the IMF has no agenda "to break up that zone."
There has been talk that Greece, one of the 17 nations that use the euro, might at some point leave. Lagarde was asked if such countries, even Spain and Italy, might be better off outside the zone.
"To your question, I think the answer is no," she said.
More from India
More from World
More from Sports
More from Entertaiment
- Cortana for Android available for public beta in US
- Xiaomi Redmi 2 Vs Redmi 2 Prime: Specification comparisons
- Middle class woes to continue, wholesale onion price shoots up to Rs 57 per kg
- Alleged land encroachment in Greater Noida: HC asks DM to decide representation in 3 months
- Watch: Review of Mahindra TUV300