IMF, Germany at odds over how to rescue Europe
World BusinessJan 25, 2012
WASHINGTON (AP) ― Global leaders are sharply at odds over how to rescue Europe from its escalating debt crisis: Should they focus more urgently on economic growth or on budget cuts?The disagreement presents another obstacle to solving the region’s financial crisis, and it pits one of the world’s most important lenders against Europe’s strongest economy.The International Monetary Fund said Tuesday that encouraging growth should be policymakers’ highest priority. It issued the warning on a day whe