International Monetary Fund First Deputy Managing Director John Lipsky in an interview with Bloomberg Television at the World Economic Forum in Davos signaled the possibility for further euro area assistance to contain the debt crisis.

When asked whether the IMF is likely to provide further assistance to the euro areas nations, he said never say never.

He sees that the focus remains in euro area nations that are under market pressure, where they need to enact policy programs on their own; adding that if it is necessary the IMF will stand with the European partners.