IMF’s Strauss-Kahn says global cooperation saved the world; Germany opposes the Fund becoming a banker of last resort
Oct 7th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
IMF Managing Director Dominique Strauss-Kahn on Tuesday told policymakers from 186 countries gathered in Istanbul that global cooperation had saved the world from a far worse crisis and leaders should now seize the opportunity to shape a post-crisis world. However, Germany opposes the Fund becoming a banker of last resort.