(Reuters) - Leading world economies on Friday pledged $430 billion in new funding for the International Monetary Fund, more than doubling its lending power in a bid to protect the global economy from the euro-zone debt crisis.
Showing posts with label Europe's crisis. Show all posts
Showing posts with label Europe's crisis. Show all posts
2/26/2012
EU's Rehn: G-20 Must Provide Roadmap For Extra IMF Contributions
MEXICO CITY -(Dow Jones)- Europe's crisis is a global crisis, and international partners in the Group of 20 should provide a roadmap for additional funding to help stem the sovereign debt crisis, according to the European Union's economics chief.
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