Tag Archives: Markus Dettmer And Christian Reiermann – Merkel Maligned: IMF Board Attacks Euro Crisis Management

Der Spiegel – Markus Dettmer And Christian Reiermann – Merkel Maligned: IMF Board Attacks Euro Crisis Management – 3 June 2013

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IMF Managing Director Christine Lagarde (L) confers with German Finance Minister Wolfgang Schäuble during an IMF meeting in April.

The EU’s bailout of Cyprus has elicited unusually frank and vehement criticism from the finance experts grouped in the IMF’s Executive Board. Their damning indictment at an IMF meeting in May reflects global skepticism, especially in emerging economies, about the euro zone’s crisis management.  Continue reading