EU EURO COUNTRIES: IMF: Europe Must 'Get Its Act Together': IMF - CNBC

Tuesday, September 20, 2011

IMF: Europe Must 'Get Its Act Together': IMF - CNBC

IMF: Europe Must 'Get Its Act Together': IMF - CNBC

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RAYLOKESeptember 20, 2011 at 10:43 AM
Europe needs to "get its act together" and deal with its worsening sovereign debt crisis, the International Monetary Fund said Tuesday, warning of the risk of severe global repercussions.

The IMF said both Europe's debt woes and a painfully slow recovery in the United States could undermine global growth, and it warned that without action those economies could tip back into recession .
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