More IMF in euro zone would be act of desperation: ECB’s Stark

by admin on Sunday, December 11th, 2011 | No Comments

BERLIN (Reuters) – Higher involvement by the International Monetary Fund (IMF) in the euro zone’s efforts to stem its debt crisis would be an act of desperation, outgoing European Central Bank chief economist Juergen Stark said, calling for a quantum leap by the currency bloc.