IMF's Lagarde: Reforms essential after ECB stimulus

GMT 16:12 2015 Thursday ,22 January

Arab Today, arab today IMF's Lagarde: Reforms essential after ECB stimulus

Arab Today

International Monetary Fund chief Christine Lagarde on Thursday hailed the European Central Bank's decision to launch a massive stimulus program, but urged eurozone authorities to undertake needed economic reforms.
"It remains essential that the accommodative monetary stance is supported by comprehensive and timely policy actions in other areas, not least structural reforms to boost potential growth and ensure broad political support for demand management policies," Lagarde said in a statement.


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