Brazil has called for International Monetary Fund-backed rescue programmes for southern eurozone countries, particularly Greece, to be reviewed to make them more economically sustainable.
The call came from Guido Mantega, finance minister, who was seeking to explain Brazil’s stance on Greece’s rescue programme after an apparent difference of opinion last week between Brasília and its IMF representative, Paulo Nogueira Batista.
He said they both believed the IMF eurozone programme needed to be overhauled to make them more realistic.
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