IMF says urgent action required in eurozone

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The International Monetary Fund (IMF) has warned of volatility in financial markets and increased risk during the past six months, calling on eurozone policy-makers to take action as the monetary union remains the main threat to global stability.

The IMF's Global Financial Stability Report, published today (October 10), said European authorities had taken important steps in recent months towards achieving stability – in particular, the European Central Bank's creation of a framework for outright

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