• Says uncertainty about euro crisis and U.S. fiscal cliff.
  • Sees important change in attitude in euro zone.
  • Global recovery has weakened further.
  • Says emerging market growth has slowed.
  • Does not see ‘hard landing’ in China, India or Brazil.
  • Says falling yields on Italian, Spanish debt may reflect market assuption those countries will tap ECB’s OMT.
  • Says China has already responded appropriately to its economic slowdown, economic growth should pick up gradually.-IMF Helbling.
  • Says slow and steady fiscal consolidation wins race.
  • Offical says does not see recession in Germany.