IMF’s Lipsky Says ‘Never Say Never’ on Another Euro-Area Bailout

International Monetary Fund First Deputy Managing Director John Lipsky said the organization may have to provide further financial aid to so-called peripheral European countries if the region’s debt crisis doesn’t ease.

“It certainly will depend on circumstances,” Lipsky said in an interview today with Bloomberg Television at the World Economic Forum in Davos, Switzerland, when asked if the IMF may have to provide assistance to more euro-area members. “Never say never.”