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Euro crisis fuels global instability, IMF warns

10.10.12 @ 09:04

  1. By EUOBSERVER

Risks to global financial stability have increased and financial markets have been volatile as European policymakers grapple with the ongoing crisis, IMF's Global Financial Stability Report concluded Wednesday. "Faltering market confidence has led to capital flight from countries on the ‘periphery’ to the core of the euro area," it said.

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