ECB’s Coeure: IMF's role in treating sovereign debt crises is key in Europe

Speaking at a conference for the 60th anniversary of the Paris Club of creditor nations, European Central Bank (ECB) Executive Board member Benoit Coeure noted that the International Monetary Fund (IMF) plays a key role in resolving sovereign debt crises in Europe and elsewhere.

Key Headlines:

IMF's preferred creditor status allowed it to be an "honest broker" in debt negotiations

IMF's role in treating sovereign debt crises is key in Europe and elsewhere

Global economy in need of greater coordination