Nowotny calls on IMF to help address global spillovers

ewald-nowotny-austria

Ewald Nowotny, governer of the National Bank of Austria (NBA), said at a conference last week that cooperation between the IMF and Europe to rescue the European Union's crisis economies could be seen "as a blueprint for future cooperation between the Fund and regional financial arrangements".

Addressing a conference held by the NBA commemorating 70 years of the Bretton Woods system, Nowotny said that the global finance community should aim "to reform the international monetary system so that it

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