EUROPE has inched closer to a resolution of its crippling economic crisis, winning praise from the head of the IMF and fresh reform pledges from debt-wracked Italy.
After a gruelling session of talks, both French President Nicolas Sarkozy and IMF chief Christine Lagarde hailed “good progress” on talks to overcome the crisis that has threatened to pitch the world into a fresh recession.
via Euro crisis rescue deal takes shape | thetelegraph.com.au.
