 Telegraph.co.uk | Lagarde calls for caution on austerity Financial Times By Claire Jones in Tokyo The head of the International Monetary Fund said debt-stricken Greece should be given more time to implement its austerity programme and European countries should refrain from fresh budget cuts or tax rises if growth weakens. IMF's Lagarde Says Greece Needs More Time to Meet Targets Weakness Spreads to Emerging Markets IMF Says Greece Needs More Time, Possible Debt Reduction |
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