IMF says sovereign crisis in the periphery threatens to overwhelm favourable Eurozone recovery outlook
Jun 21st, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
In its regular annual assessment, the International Monetary Fund (IMF) said on Monday that a broadly sound recovery in the Eurozone continues, but the sovereign crisis in the periphery threatens to overwhelm this favourable outlook, and much remains to be done to secure a dynamic and resilient monetary union.