Christine Lagarde, MD IMF has been very candid while expressing her views on on Euro Zone Crisis and her comments are appended below verbatim:
"The longer we wait, the worse it will get. The only solution is to move forward together. We must all understand that this is a defining moment. It is not about saving any one country or region. It is about saving the world from a downward economic spiral."
Hope that European nations are able to save the drowning nations as it can have cascading effect on developing economies and BRIS economies too.
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