'The debt crisis crippling the Eurozone could trigger an ?earthquake? that slashes hundreds of billions of pounds off the global economy, the world?s financial watchdog warned last night.
The International Monetary Fund urged European leaders to rescue Greece and stop the shockwaves spreading to some of the region?s largest economies, including Italy and Spain, and the rest of the world.
?It would be very costly not just for the Eurozone but for the global economy to delay tackling the sovereign crisis,? said Luc Everaert, head of the IMF in the single-currency bloc.'
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