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Tuesday, October 2, 2012

Analysis: Uneasy role for IMF in euro zone crisis

IMF Managing Director Lagarde attends a news conference after a Eurogroup meeting in BrusselsWASHINGTON (Reuters) - The euro zone debt crisis is pushing the International Monetary Fund into new, and at times, uncomfortable territory. The global lender is preparing to monitor some of Europe's largest economies possibly without its biggest weapon - money. The IMF lacks the financial heft to come to the aid of economies the size of Spain or Italy on its own, even though its monitoring and enforcement role would be in demand. ...



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