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Friday, 25 September 2020

IMF recommendation to euro zone: boost rescue fund

Reuters, Monday 6 Dec 2010
Views: 1061
Views: 1061

The euro zone should have a bigger rescue fund and the European Central Bank should boost its bond buying to prevent the sovereign debt crisis from derailing economic recovery, an IMF report obtained by Reuters said.

International Monetary Fund chief Dominique Strauss-Kahn will present the report on the economy of the 16 countries using the euro at a meeting of euro zone finance ministers and European Central Bank President Jean-Claude Trichet on Monday.



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