Pages

Tuesday, October 16, 2012

IMF: pace of austerity must depend on economy

IMF Managing Director Christine Lagarde speaks during a news conference at the annual meetings of the IMF and World Bank Group in Tokyo, Saturday, Oct. 13, 2012. (AP Photo/Itsuo Inouye)The pace at which countries like Greece and Spain cut their deficits with austerity measures must depend on their economic conditions, International Monetary Fund Managing Director Christine Lagarde said Tuesday.



READ THE ORIGINAL POST AT news.yahoo.com