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ECB ousts IMF in EU power play: Morgan Stanley

Gerard Minack of Morgan Stanley tells CNBC-TV18 that only ECB has the firepower to salvage EU. “The market is very skeptical about the IMF being able to play a key role,” he says.

December 09, 2011 / 15:59 IST
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Gerard Minack of Morgan Stanley tells CNBC-TV18 that only ECB has the firepower to salvage EU.

TAGS: #ECB #EU #EU summit #eurozone debt #IMF bailout fund #MARKET OUTLOOK #Nicholas Sarkozy
first published: Dec 9, 2011 11:24 am

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