BY MATTHEW DALTON AND MATINA STEVIS
BRUSSELS—Euro-zone finance ministers on Monday confirmed plans to contribute €150 billion ($195.6 billion) in additional bilateral
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Euro Zone Agrees to New IMF Loans - Wall Street Journal
Created on Monday, 19 December 2011 22:59Category: Financial News Highlights
loans to the International Monetary Fund as part of a move to boost its resources for crisis response, but contributions from other European Union members remained unclear as the U.K. held its ground that any additional IMF funds should be part of a global agreement.
In a statement following a conference call among EU finance ministers, Eurogroup President Jean-Claude Juncker said the U.K. indicated it will define its contribution early next year in the framework of the Group of 20 industrialized and developing nations.
Courtesy Google News