IMF head says condition in Europe ‘serious’

Friday, 3 December 2010 00:52 - - {{hitsCtrl.values.hits}}

(Reuters) - The condition in Europe is serious, International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn said on Thursday.

Kahn’s comments come ahead of a crucial European Central Bank meeting, which is under pressure to act to help the euro zone contain a crippling debt crisis that threatens to affect the United States and Asia.

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