IMF's Lagarde says it would be best for Euro-area to prepare now for the next crisis

IMF chief Christine Lagarde was speaking to Bloomberg TV earlier

  • Suggests year-end goal for Euro-area integration accord
  • Germany, France should join to move Euro-area forward
  • A Euro-area capital market union is needed in view of Brexit
  • German current account surplus remains too high
  • It's time for Germany to rebalance with investment (asking for Germany to invest more)

More or less the same stuff as she mentioned earlier here. Not really eye-popping stuff from Lagarde in her interview.

"Euro-area needs to prepare for a rainy day!"

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