IMF's Koehler says now not time for EU deficit cap

IMF chief Horst Koehler told an Austrian daily, according to Reuters, that it was not the right time to force eurozone countries to stick to the 3 percent deficit limit. He added that he did not favour letting countries that have been too loose with their public finances off the hook, however. He was also positive on the global economy, saying be believed it "is on the road to recovery".

Source: Reuters

The head of the International Monetary Fund (IMF) said now was not the time for the European

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: