Luxembourg, 20/06/2014 (Agence Europe) - The International Monetary Fund (IMF) says that the eurozone has made progress in its return to growth but the green shoots of recovery are not yet robust enough and inflation remains stubbornly low. It therefore recommends quantitative easing of European Central Bank (ECB) monetary policy through a massive sovereign debt buy-up.
The lowering of interest rates and introduction of liquidity announced earlier this month go in the right direction but...