Eurozone Chutzpah and the IMF

Eurozone Chutzpah and the IMF

Press quote (Handelsblatt)
Simon Tilford
13 April 2012

Simon Tilford, chief economist at the CER argues against IMF help for the eurozone - a wealthy creditor region that refuses to address its institutional contradictions is not a deserving case. Eurozone governments should either assemble a big enough rescue fund themselves, or accept that the single currency is unworkable in its current form.