IMF’s Lagarde: report of $273.2 billion bank hole misleading (Reuters)

IMF managing director Christine Lagarde holds a news briefing at the International Monetary Fund headquarters in Washington July 6, 2011. REUTERS/Kevin LamarqueReuters – IMF chief Christine Lagarde said on Saturday that reports of a draft IMF document showing a $ 273.2 billlion shortfall in European banks’ capital were misleading and the lender was still finalising its study.



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