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IMF's Lagarde: Much Still Needs to Be Done for Euro Crisis

Monday, 23 Jan 2012 | 8:12 AM ET

IMF managing director Christine Lagarde says she hopes that 2012 will be a year of healing for Europe. The euro partners have to agree on more, says Lagarde, who adds the IMF needs an additional $500 billion in lending capacity to build a stronger firewall out of the euro zone.