The eurozone crisis, starting in 2008, may have further eroded trust in the IMF by diminishing its role as a technocratic institution and independent broker and making it appear a political shield for EU policymakers.
Ousmène Jacques Mandeng FT 28 February 2021
EU hijacked the Fund to rescue monetary union at a time when the eurozone had no lender-of-last resort - due its own recklessness and political paralysis - and had therefore exposed a string of sovereign states to bankruptcy.
The eurozone bail-outs consumed 80pc of total IMF lending between 2011 and 2014
Ambrose Telegraph 17 July 2019