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IMF urges Europe to provide more monetary and fiscal support to prevent further damage to the eurozone economy

Managing director of the International Monetary Fund (IMF), Kristalina Georgieva (L) and European Commission President Ursula Von der Leyen (R)

Summary List Placement

The eurozone economy is going to need more monetary and fiscal support to avoid further damage from the coronavirus pandemic, the International Monetary Fund said on Monday.

The United States has the highest individual death toll and infection rate from COVID-19, but Europe as a whole is not far behind, with over a quarter of a million dead from the virus. 

A second wave of the disease has forced a number of major eurozone economies into total or partial lockdowns, including Germany, France, Italy and Spain. Even with the prospect of a successful vaccine in coming months, details ⇒

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