After stating that the world should believe Europe will recover and strongly supports ECB bond buying , he continued with, “the crisis still has a long way to go before it ends and it is key that Europe retains its faith in the single currency.”
He added that it was important not to underestimate to impact Europe’s crisis was having on the global economy .
Says the IMF strongly supported the recent decision by the ECB to take more measures to boost stability of the euro zone economy .
He moves on to China stating, Chinese growth is very important for the whole world . Also China’s economy is on a ‘steady’ path .
