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Monday, 14 November 2011

NZ HERALD - Lagarde warns no country immune to euro crisis, Nov 14, 2011

IMF Managing Director Christine Lagarde. Photo / AP
"Italy's financial reform is key to reducing the impact of the eurozone crisis, and no country is immune to the consequences if the efforts fall short, the chief of the International Monetary Fund said yesterday.
After meeting in Tokyo with top Japanese financial officials, including Finance Minister Jun Azumi, IMF chief Christine Lagarde said Italy must restore political stability and implement financial reforms to provide "clarity and credibility" and restore confidence."

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