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IMF wants a better balance of austerity and growth # 13.10.2012 14 Uhr # iwf 12f # journal englisch

October 13, 2012

188 member states of the International Monetary Fund said on Saturday that global economic growth had slowed and called for more effective measures to restore confidence. The announcement came in the final communiqué of the annual meetings of the IMF and the World Bank in Tokio. The IMF's steering committee also said that further steps, including a banking union, were needed to bring the eurozone crisis under control.

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