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    HomeNewsWorldFund ready to help euro zone nations: IMF Deputy MD

    Fund ready to help euro zone nations: IMF Deputy MD

    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.

    March 08, 2011 / 08:59 IST

    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."

    first published: Mar 8, 2011 08:35 am

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