DSK for the post of European Minister of Finance facing ECB The Director General of the International Monetary Fund, Dominique Strauss-Kahn, calls for the creation of the post of European Minister of Finance to compensate the power of the ECB. "The problem with the euro is that the European Central Bank, which did its job well in containing inflation, is over: it has no political counterweight in the person of a real European Minister of Finance who would load growth, "he said in an interview to the" World "dated Tuesday. About the current economic crisis, DSK said that "the situation is serious." Si la crise des prêts hypothécaires à risque (subprime) "et les difficultés potentielles des réassureurs américains contaminent encore plus gravement l'économie réelle en faisant chuter la confiance et la consommation aux Etats-Unis, tous les pays du monde en feront les frais" , he warns. According to Le Monde, M. Strauss-Kahn welcomed the steps taken by the Fed and the ECB, but believes a second line of defense needed. He called on countries such as India or China, "who have sound public finances", to "promote and decide the establishment of fiscal stimuli, in a timely and targeted way and temporary". Regarding energy prices, Dominique Strauss-Kahn notes that "may suggest that the current economic slowdown will begin a decline in oil prices," adding that "the IMF does not foresee an explosion in the price of bari
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