Italy’s Grilli Welcomes Potential IMF Role in ECB Plan
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Italian Finance Minister Vittorio Grilli praised the International Monetary Fund’s oversight of bailouts and welcomed a potential role for the institution in European Central Bank President Mario Draghi’s bond-buying plan.
“It’s only natural and understandable that if the IMF can and would continue to be involved, that would be a positive element,” Grilli said yesterday in an interview with Guy Johnson of Bloomberg Television in Cernobbio, Italy. “The way the euro zone has been working through these years has been through the involvement of the European institutions and the IMF. And I think that collaboration and the expertise put together has worked very well.”