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Sunday, July 22, 2012
IMF warns Euro economy has reached critical stage
Jul 22, 2012 by PressTVGlobalNews
Europe has reached the end of the road, so it needs to take bold steps to stem its deepening economic crisis.
The warning comes from a new report of the International Monetary Fund, the IMF. The report calls for the creation of a banking union for the 17 countries using the euro currency.