Eurozone countries need to come out of this mess

Dr.T.V.Gopalakrishnan , mumbai , says: Yes. Eurozone countries have no choice but work together to come out of the mess.World Financial Institutions particularly IMF have to play a key and dynamic role to save the european countries and the world at large.This is where the world leaders have to exhibit their statesmanship and save the european countries. US is gradually recovering and this should help the European countries to arrive at some solution.Brics can and should come to the rescue of European economy at this critical situation.Financial institutions and the Govt should coordinate well to ensure that the international financial stability does not get disturbed too much in future by framing suitable policies and creating checks and balances.

(This appeared in ET dt/16/1/12).