"IMF Chief's Warning: European Governments May Regret Supporting Protesting Farmers"

IMF managing director Kristalina Georgieva warned European governments against giving in to the demands of protesting farmers for greater financial support, cautioning that it could lead to regret in the future. She emphasized the importance of fiscal consolidation and rebuilding fiscal buffers depleted by the Covid-19 pandemic, urging governments to assess the quality of existing public spending and close tax loopholes.