IMF Vs. European Commission: Duel Over Financial Crisis
By: Jim Zarroli
June 6, 2013
The European Commission says it disagrees with the International Monetary Fund's conclusion that mistakes were made in the handling of Greece's financial crisis. In a report issued Wednesday, the IMF acknowledged it had underestimated the damage done by austerity. The European Commission responded by saying the IMF is ignoring the interconnected nature of euro-area member states.
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