May 14, 2020 / 1:38 PM / 21 days ago

IMF head says Germany could do more to stabilise Europe: Handelsblatt

FILE PHOTO: FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity, at the Vatican, February 5, 2020. REUTERS/Remo Casilli/File Photo

BERLIN (Reuters) - Germany has made important steps to stabilise Europe in the coronavirus crisis but surely could do more, International Monetary Fund Managing Director Kristalina Georgieva was quoted as saying by German business paper Handelsblatt on Thursday.

Germany “has acted very quickly and used its financial scope well”, Georgieva said in the interview.

“We believe it’s wise to consider all options that can help mitigate the impact of the shock,” she was quoted as saying. “Corona bonds are a possible instrument, although not the only one.”

Reporting by Thomas Seythal; Editing by Riham Alkousaa

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