Comments from the IMF leader

  • Risks to eurozone include escalation of trade tensions
  • Next EU Commission should come up with incentives for countries to pursue structural reform
  • There is a risk the eurozone could slip into a period of low growth and low inflation (isn't that what we're in now?)
  • Eurozone fiscal rules should be simplified, anchored to debt

We've heard this before. At some point there is going to be genuine reform in the eurozone but I dn't think it's coming soon.