Euro crisis will hurt others: PM

As Eurozone crisis threatened to engulf global economy, Prime Minister Manmohan Singh on Thursday warned that "prolonged" uncertainty and instability in Europe will hurt other countries too and suggested that the IMF can help rescue the situation.

As Eurozone crisis threatened to engulf global economy, Prime Minister Manmohan Singh on Thursday warned that "prolonged" uncertainty and instability in Europe will hurt other countries too and suggested that the IMF can help rescue the situation.

HT Image

Singh told the G-20 Summit in Cannes, the International Monetary Fund must keep the situation under "close watch" and should also be willing to help when asked.