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Greek demo. IMF: 'adjustment fatigue' poses risk for the EU's anti-crisis efforts (Photo: endiaferon)

IMF: politics could wreck EU bank union plan

The International Monetary Fund (IMF) has warned that political angst could harm EU plans to put the safety of its banks beyond doubt.

The Washington-based institute outlined the fears in its World Economic Outlook report out on Monday (8 October).

Its chief economist, Olivier Blanchard, wrote an upbeat preamble to the 229-page survey, saying "there has been a clear change in attitudes" in Europe and tha...

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