UPDATE 1-IMF head tells euro zone time right to set up rainy day fund

UPDATE 1-IMF head tells euro zone time right to set up rainy day fund



BERLIN, March 26- International Monetary Fund head Christine Lagarde said on Monday euro zone leaders should set up a "rainy day fund" to help cushion member states in economic downturns. Officials in the bloc have been discussing such a fund since last year as one option for setting up a euro zone budget or boosting fiscal capacity– an idea championed by France and…



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