IMF Director General Christine Lagarde was optimistic, despite a few reservations in terms of the eurozone’s economic situation, when she presented the results of the IMF’s annual review on the eurozone (“Article IV” report) at a Eurogroup meeting on Thursday 15 June.
Lagarde welcomed the stronger recovery that is being seen across the eurozone due to job creation and stronger domestic demand, which the report says is leading to a virtuous circle. She said that this progress would...