Europeans round on IMF as rescue plan takes shape

Tokyo International Forum

Alarmed by pessimistic comments from the International Monetary Fund (IMF) on prospects for the euro and the euro area, official spokesmen from the region attending the IMF annual meeting in Tokyo mounted a counter-offensive aimed to redress the balance.

The charge was led by Wolfgang Schäuble, German finance minister; Peter Praet, member of the board of the European Central Bank (ECB); and Klaus Regling, head of the European Stability Mechanism (ESM). Much of it appeared to be orchestrated

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