IMF issues warning to Eurozone: Lagarde says tackle financial crisis NOW or face RUIN

EUROPE’s economy is in a worse state than previously thought, shock figures revealed today, as the International Monetary Fund (IMF) urged the bloc to do more to tackle problems amid an increased risk of a global financial crisis.

Head of the Fund Christine Lagarde said action by world leaders to boost growth was becoming more urgent as threats were rising without decisive action.

Ms Lagarde urged the bloc to improve job training to tackle high youth unemployment and fight against low growth. Continue reading