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IMF chief says eurozone stability 'in danger': report

Growing differences between individual eurozone economies threaten to tear the 16-country zone apart, International Monetary Fund head Dominique Strauss-Kahn was quoted as saying.

Updated on: Jan 28, 2009, 18:33:02 IST
AFP | By , Berlin
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Growing differences between individual eurozone economies threaten to tear the 16-country zone apart, International Monetary Fund head Dominique Strauss-Kahn was quoted as saying on Wednesday.

HT Image
HT Image

"The eurozone needs more economic policy co-ordination, otherwise divergences between the countries become too big and the stability of the economic zone is in danger," he said in a pre-release of an interview with German weekly Die Zeit.

Strauss-Kahn also called on the European Central Bank to "give more gas" to the eurozone economy by cutting interest rates further. The interview was due to published in full on Thursday.

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