Why Europe must lean on the IMF

The European summit may achieve a number of necessary outcomes but it will do little to curb investors' fears. It's time the IMF stepped in and played a bigger role.


European leaders will meet on Thursday and Friday for yet another ‘historic’ summit at which the fate of Europe is said to hang in the balance. Yet it is clear that this will not be the last meeting convened to deal with the financial crisis.


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