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Imf's Lipsky Says Fund Ready To Help Euro Zone Nations

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The International Monetary Fund stands willing to partner with Europe to help indebted nations on a case-by-case basis, a top IMF official told Reuters on Monday.

In an interview with Reuters Insider, IMF first deputy managing director John Lipsky said European officials have said they will present a comprehensive mechanism for dealing with financial and economic strains in the euro area.

"We'll have to see the specifics," Lipsky said. "Certainly everyone -- markets, investors, citizens -- are expecting to see some concrete progress."

Another bailout looming?

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They're so the indebted nations friends don't you know (on a case by case basis).

Just take on a few more £trillions of debt and you and your children and their children and their children ..............................can pay it off.

Edited by billybong

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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