Europe - Voice of America: IMF's Lagarde Calls for Eurozone Debt Sharing

Europe - Voice of America europe

IMF's Lagarde Calls for Eurozone Debt Sharing May 22nd 2012, 14:56 The chief of the International Monetary Fund is calling for the 17-nation euro currency bloc to accept more liability for each others' debts, but economic powerhouse Germany says it remains adamantly opposed to selling joint eurozone bonds. IMF Managing Director Christine Lagarde told a London news conference Tuesday that with the economy contracting in the eurozone, more needs to be done to boost its growth and that wealthier countries need to share the burden with their debt-ridden ... Media files: EF69B7BC-FFCF-4D55-BCCA-36639D5DE407_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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